Darul Infaq Foundation USA

Analysis

Darul Infaq Foundation USA is a registered charity in United States, based in Bolingbrook, IL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Darul Infaq Foundation USA reported income of $228k and spending of $208k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $175k to $228k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Darul Infaq Foundation USA sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Provisions Food Pantry & Thrift Store ($227k), Society of St Vincent de Paul Our Lady of Good Counsel Conference ($228k) and Fox Township Volunteer Fire Department ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $79k against liabilities of $4,000, net assets of $75k.