Public Charity

NEW YORK ZAKAT INC

NEW YORK ZAKAT INC, of NEW YORK, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.9M in revenue, $1.5M in expenses, $362K in total assets. 13 publicly reported grants to this organization, totaling roughly $770K, appear in IRS filings.

EIN: 843108165 NEW YORK, NY Latest filing: 2024
Total Revenue$1.9M
Total Expenses$1.5M
Total Assets$362K
Grant Records13
Funding Total$770K
Filing Years2020–2024

Mission

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.

Officers & Directors

BOARD MEMBER Nadia Sandozi
PRESIDENT Nazar Khan
SECRETARY Saara Hafeez
BOARD MEMBER Sameer Shamsi
TREASURER Samir Malik
BOARD MEMBER Sarah Khan

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUSTAINABLE LIVELIHOOD
$347,575 3 grants
GENERAL SUPPORT
$186,904 1 grant
HUMAN SERVICES
$124,700 4 grants
EDUCATION
$50,000 1 grant
For grant recipient's exempt purposes
$35,624 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.9M $1.5M $362K
2023 $500K $486K $25K
2022 $320K $353K $10K
2021 $941K $940K $34K
2020 $385K $351K $33K

Between 2020 and 2024, reported annual revenue grew from $385K to $1.9M (+388%), with total assets most recently reported at $362K.

Interactive year-over-year charts and full filing details available with membership.

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