Rahmat-e-alam Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 2017, with $3,456,484 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$3.5M
▲ 74.9% vs prior year
Religion median: $139K
Expenses (FY2024)
$2.1M
Net assets
$4.7M
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 Rahmat-e-alam Foundation— 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 Rahmat-e-alam Foundation: 26 mo reserves · +38% 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 Rahmat-e-alam Foundation— 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 Rahmat-e-alam Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $1.8M (FY2020) to $3.5M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
38.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.7M
Total liabilities
$3,045
Net assets
$4.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,456,484▲74.9% | $2,126,336▲16.6% | $4,654,703▲40.0% | $4,657,748▲39.8% | 990 |
| 2023 | $1,975,831▲24.9% | $1,823,240▲19.5% | $3,324,555▲4.8% | $3,331,596▲1.4% | 990 |
| 2022 | $1,582,210▼8.7% | $1,526,305▲13.8% | $3,171,964▼3.0% | $3,286,253▼11.0% | 990 |
| 2021 | $1,733,178▼3.7% | $1,341,745▲26.9% | $3,269,295▲13.6% | $3,691,412▲11.2% | 990 |
| 2020 | $1,800,481 | $1,057,337 | $2,877,862 | $3,319,778 | 990 |
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.
14 grants to Rahmat-e-alam Foundation totaling $1.5M, reported by foundations on their Schedule I filings.
Explore more
Data for Rahmat-e-alam Foundation (EIN 36-4392671) 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.