Safa Trust Inc
87% goes to programs Strong reserves Declining revenue
Safa Trust Inc is a 501(c)(3) organization based in Herndon, Virginia, registered in 1988, with $15,737,956 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
500 Grove Street 2nd Floor 200, Herndon, VA, 20170 EIN 54-1399426 Since 1988
Revenue (FY2024)
$15.7M
▲ 859.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$2.8M
Net assets
$335.8M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating87% to programs
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. For Safa Trust Inc: 87% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating1447 mo reserves · +82% margin
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 Safa Trust Inc: 1447 mo reserves · +82% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
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. For Safa Trust Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Safa Trust Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To promote religious, educational, cultural and charitable projects.
Contact & location
- Address
- 500 Grove Street 2nd Floor 200, Herndon, VA, 20170
- City
- Herndon
- State
- Virginia
- Subcategory
- Federated Giving Programs
- Phone
- …
- Website
- …
Financial trends
Revenue held steady from $15.4M (FY2013) to $15.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $156KNet assets $335.8M
Operating margin
82.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$336.0M
Total liabilities
$156K
Net assets
$335.8M
Salaries & benefits
$115K
4% of expenses
Board members
9
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $15,737,956▲860% | $2,784,577▼78.6% | $335,807,811▲4.0% | $335,963,848▲4.0% | 990 |
| 2023 | $1,640,040▼83.1% | $13,023,237▼23.0% | $322,854,432▼3.4% | $323,042,063▼3.4% | 990 |
| 2022 | $9,683,580▼92.6% | $16,923,900▲15.8% | $334,237,629▼2.5% | $334,267,116▼2.7% | 990 |
| 2021 | $129,994,977▲453% | $14,611,491▼15.7% | $342,962,560▲48.8% | $343,509,225▲0.9% | 990 |
| 2020 | $23,494,393▲30.7% | $17,337,435▼16.1% | $230,552,564▲4.1% | $340,519,463▲4.2% | 990 |
| 2019 | $17,978,378▲927% | $20,673,143▲32.6% | $221,486,296▼0.9% | $326,678,748▲0.9% | 990 |
| 2018 | $1,751,301▼88.9% | $15,588,623▼58.7% | $223,579,665▲10.9% | $323,822,357▲8.8% | 990 |
| 2017 | $15,829,491▼76.7% | $37,764,597▲367% | $201,570,863▼9.9% | $297,605,311▲33.0% | 990 |
| 2016 | $67,847,846▲75.3% | $8,090,571▲26.5% | $223,708,751▲37.5% | $223,725,671▲37.5% | 990 |
| 2015 | $38,706,953▲146% | $6,393,893▼56.1% | $162,722,198▲23.5% | $162,753,514▲23.4% | 990 |
| 2014 | $15,726,676▲1.9% | $14,571,042▲148% | $131,773,611▲1.0% | $131,849,194▲1.0% | 990 |
| 2013 | $15,430,330 | $5,866,084 | $130,456,524 | $130,496,879 | 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.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Ahmad Totonji | Board Trustee & Treasurer | 1 | — |
| Dr Ahmed Alwani | Board Trustee & Vice Presi | 8 | — |
| Dr Hisham Altalib | Board Trustee & President | 2 | — |
| Dr Omar Hasan Kasule | Board Trustee | 1 | — |
| Firas Barzinji | Board Trustee | 1 | — |
| Hasan Altalib | Board Trustee & Secretary | 8 | — |
| Muna Abusulayman | Board Trustee | 1 | — |
| Omer Totonji | Board Trustee | 1 | — |
| Tevfik Avci | Board Trustee | 1 | — |
Top vendors & contractors (FY2017)
| Contractor | Services | Paid |
|---|---|---|
| Anderson Mechanical Services Inc | Mechanical | $255,831 |
| Ancora Construction Group Inc | Construction | $148,824 |
Grants made · $570K in FY2024
1 grant totaling $570K in FY2024. All grants made by Safa Trust Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| International Institute of Islamic Thought | Iiit is a supported organization of safa trust inc. | $569,745 |
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Compare Safa Trust Inc
Frequently asked questions
- Is Safa Trust Inc a legitimate nonprofit?
- Yes. Safa Trust Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1399426, based in Herndon, Virginia. Donations are tax-deductible.
- What is Safa Trust Inc's EIN?
- Safa Trust Inc's Employer Identification Number (EIN) is 54-1399426.
- How much revenue does Safa Trust Inc report?
- Safa Trust Inc reported $15,737,956 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Safa Trust Inc's spending goes to programs?
- Safa Trust Inc spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Safa Trust Inc have?
- CharityIndex grades Safa Trust Inc A, based on program efficiency and fundraising cost.
- How much does Safa Trust Inc's highest-paid employee make?
- The highest reported compensation on Safa Trust Inc's latest Form 990 is $0, paid to Dr Ahmad Totonji (Board Trustee & Treasurer).
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Data for Safa Trust Inc (EIN 54-1399426) 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.