Al-iman Institute is a 501(c)(3) organization based in Chicago, Illinois, registered in 2013, with $315,666 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$316K
▲ 3.1% vs prior year
Religion median: $139K
Expenses (FY2024)
$307K
Net assets
$135K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Al-iman Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Al-iman Institute: 5 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Al-iman Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Al-iman Institute: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $168K (FY2013) to $316K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
2.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$189K
Total liabilities
$54K
Net assets
$135K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $315,666▲3.1% | $307,230▲8.4% | $134,946▲6.7% | $188,809▲10.6% | 990 |
| 2023 | $306,144▲17.6% | $283,418▲9.9% | $126,510▲21.9% | $170,684▲21.4% | 990 |
| 2022 | $260,339▲46.4% | $257,883▲58.3% | $103,784▲2.4% | $140,559▲19.8% | 990 |
| 2021 | $177,863▲67.0% | $162,923▲111% | $101,328▲17.3% | $117,339▲35.8% | 990 |
| 2020 | $106,480▼60.1% | $77,297▼71.4% | $86,388▲51.0% | $86,388▲51.0% | 990 |
| 2019 | $267,012▲3.1% | $270,332▲6.9% | $57,205▼5.5% | $57,205▼5.5% | 990 |
| 2018 | $258,915▲18.2% | $252,789▲22.1% | $60,525▲11.3% | $60,525▲11.3% | 990 |
| 2017 | $219,128▲13.2% | $207,066▼5.0% | $54,399▲28.5% | $54,399▲28.5% | 990 |
| 2016 | $193,576▼11.8% | $217,925▲23.0% | $42,337▼36.5% | $42,337▼36.5% | 990 |
| 2015 | $219,363▲15.7% | $177,130▼0.7% | $66,686▲173% | $66,686▲173% | 990 |
| 2014 | $189,580▲12.5% | $178,326▲0.9% | $24,453▲85.3% | $24,453▲85.3% | 990EZ |
| 2013 | $168,495 | $176,808 | $13,199 | $13,199 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Al-iman Institute (EIN 26-1728766) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.