NonprofitsNew York Zakat Inc

Human Services

New York Zakat Inc

NEW YORK, NY

Total revenue

$1.9M

Total expenses

$1.5M

Net assets

$362K

Grants received

$626K

13 grants

EIN

843108165

Tax year

2024

Mission

To facilitate the redistribution of wealth in the nyc metro area by locally collecting zakat funds while identifying and supporting those individuals and families who are in need.

Financials

FY 2024

Revenue

Contributions & grants$1.9M
Program service revenue
Investment income
Other revenue
Total revenue$1.9M

Expenses

Grants paid
Salaries & benefits$40K
Fundraising
Other expenses$1.5M
Total expenses$1.5M
Total assets$362K
Net assets$362K

People

6 listed

NameRoleCompensation

NAZAR KHAN

PRESIDENT

Board

5 hrs/wk

NADIA SANDOZI

BOARD MEMBER

Board

5 hrs/wk

SAMIR MALIK

TREASURER

Board

5 hrs/wk

SAARA HAFEEZ

SECRETARY

Board

5 hrs/wk

SAMEER SHAMSI

BOARD MEMBER

Board

5 hrs/wk

SARAH KHAN

BOARD MEMBER

Board

2 hrs/wk

Grants received

Showing 13 of 13

FromAmountPurposeYear
$250
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$200
MATCHING GIFTS
2024
$43K
SUSTAINABLE LIVELIHOOD
2023
$17K
For grant recipient's exempt purposes
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$50
GENERAL OPERATING SUPPORT
2022
$20
MATCHING CONTRIBUTION MADE BY EMPLOYEE OF YELP, INC.
2022
$190K
SUSTAINABLE LIVELIHOOD
2020
$115K
SUSTAINABLE LIVELIHOOD
2019

Funded by

$626K from 9 funders · 13 grants · 2019–2024

Pillars Of Peace Inc

$348K · 3 grants · 2019–2023

National Philanthropic Trust

$50K · 1 grant · 2023

Donor Advised Charitable Giving Inc

$14K · 2 grants · 2020–2023

Jpmorgan Chase Foundation

$300 · 2 grants · 2022–2024

The Pfizer Foundation Inc

$200 · 1 grant · 2024

Details

EIN843108165
NTEE codeP60
Subsection03
Ruling date2023-09
Formed2019
Employees1
Volunteers0
NEW YORK ZAKAT INC — Mission, Financials & Grants Received | Grantivo