NEW YORK ZAKAT INC

NEW YORK, NY, 10003-3156 (646) 526-6959 Est. 2019 EIN 84-3108165

P60 - Emergency Assistance 990 - Public charity return 501(c)(3)

Mission

TO FACILITATE THE REDISTRIBUTION OF WEALTH IN THE NEW YORK CITY METRO AREA BY LOCALLY COLLECTING ZAKAT FUNDS WHILE IDENTIFYING AND SUPPORTING THOSE INDIVIDUALS AND FAMILIES WHO ARE IN NEED.

Financials

Total Revenue

$1,878,340

Total Expenses

$1,541,269

Net Assets

$361,575

1 employees

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

2.8 months Low

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 275.4%

Expenses ↑ 217.1%

Revenue Sources

Contributions 100.0%

Expense Breakdown

Program 14.8% Management 85.2%

Officers & Key Employees (6)

Individual compensation is available on Grow plans.

Grants Received (21)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$1,878,340 ↑	$1,541,269	$361,575
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$500,350 ↑	$486,036	$24,502
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$320,217 ↓	$352,821	$10,189
2021 990 - Public charity return Jan 1, 2021 to Dec 31, 2021	$940,962 ↑	$939,997	$34,249
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$384,546	$351,075	$33,284