Other
(Z99)
IRS Verified
DX Registered
990 on File
ZAKAT FOUNDATION OF AMERICA
Financial strength (30%)
86/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
We foster charitable giving to alleviate the immediate needs of poor communities and to establish long-term development projects that ensure individual and community growth.
Financial Overview — FY 2023
$29.5M
Total Revenue
$19.2M
Total Expenses
$28.2M
Net Assets
54
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.3%
Fundraising Efficiency
N/A
Operating Reserve
17.61x
Liability-to-Asset
3.8%
Revenue Diversification
99.9%
Executive Compensation
$317K
Compared with Peers
FY 2023
Compared with 120 similar organizations
(United States, NTEE Z, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.3% | 85.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.1% | 12.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.5% | 0.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
17.6 mo | 7.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.8% | 31.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.9% | 93.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
53.6% | 4.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
27.6% | 10.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
34.9% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $29.5M | $19.2M | $28.2M | 90.3% | 54 |
| 2022 | $19.2M | $15.1M | $17.9M | 90.7% | 49 |
| 2021 | $20.9M | $16.7M | N/A | — | 46 |
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