NEW YORK ZAKAT INC Charity Report

Public IRS 990 nonprofit record

NEW YORK ZAKAT INC

EIN 84-3108165 · Emergency Assistance (P60)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $14.80 was reported for mission work and $0.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

12.18%of revenue went to mission work14.8% of expenses · Program services

$82.05spent for every $100 of revenueRevenue covered expenses this year.

69.87%of revenue went to management and office costs85.2% of expenses

$0.23in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,878,340

Mission workProgram services$228,83512.18% of revenue14.8% of expenses

ManagementOffice and general costs$1,312,43469.87% of revenue85.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$337,07117.95% of revenueShown in gray on the chart

Total expenses$1,541,26982.05% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 14.8% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 14.8% mission · 85.2% management · 0.0% fundraisingTotal expenses: 82.05% of revenue

2023Expense mix: 83.3% mission · 16.7% management · 0.0% fundraisingTotal expenses: 97.14% of revenue

2022Expense mix: 79.0% mission · 21.0% management · 0.0% fundraisingTotal expenses: 110.18% of revenue

2021Expense mix: 99.3% mission · 0.7% management · 0.0% fundraisingTotal expenses: 99.90% of revenue

2020Expense mix: 89.4% mission · 10.6% management · 0.0% fundraisingTotal expenses: 91.30% of revenue

Money in and money out

Revenue$1,878,340

Expenses$1,541,269

Annual surplus $337,071 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$228,835 · 14.8% of expenses

Management and office costs$1,312,434 · 85.2% of expenses

See all reported dollar amounts

Revenue$1,878,340

Expenses$1,541,269

Assets$361,575

Income$1,878,340

Contributions$1,878,340

Mission work (program services)$228,835

Management and general$1,312,434

Accounting fees$1,359

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (6)

NADIA SANDOZIBOARD MEMBER

NAZAR KHANPRESIDENT

SAARA HAFEEZSECRETARY

SAMEER SHAMSIBOARD MEMBER

SAMIR MALIKTREASURER

SARAH KHANBOARD MEMBER

About this charity

Recognized since: January 2023
Location: 10 E 14TH ST UNIT 5, NEW YORK, NY 10003-3156
County: New York
In care of: % NAZAR KHAN
Primary officer: NAZAR KHAN, PRESIDENT

How to reach them

Phone(646) 526-6959

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: SIDDIQUI & BASNET LLC
NTEE classification: Emergency Assistance (P60)
IRS tax category: Emergency Assistance