International Aid Charity is located in Downers Grove, IL. The organization was established in 2014. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Aid Charity is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, International Aid Charity generated $514.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $333.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INTERNATIONAL AID CHARITY (IAC) PROVIDES EMERGENCY AND ONGOING AID RELIEF, EDUCATION, ORPHAN SPONSORSHIP AND SOCIAL SUPPORT SERVICES TO MARGINALIZED PEOPLES THROUGHOUT THE WORLD. OUR DONORS AND VOLUNTEERS WORK DIRECTLY WITH COMMUNITIES TO OFFER BOTH PHYSICAL AND EMOTIONAL HEALTH THROUGH EDUCATION, HOUSING AND VOCATIONAL TRAINING FOR ORPHANS AND WIDOWS, SPORTS AND CREATIVE ARTS PROGRAMS. IAC OFFERS A FOUNDATION OF HOPE AND RESOURCES UPON WHICH THOSE IN NEED CAN BUILD AND THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE RELIEF PROGRAMS & ZAKAT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rashum Jawaid Secretary | OfficerTrustee | 15 | $0 |
Tarek Shahbandar President | OfficerTrustee | 15 | $0 |
Mohammed Tajuddin Subhani Treasurer | OfficerTrustee | 15 | $0 |
Uzma Hameed Director | Trustee | 10 | $0 |
Mohamed Hassen Director | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $488,789 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $488,789 |
Total Program Service Revenue | $0 |
Investment income | $25,905 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $514,694 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,502 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $207 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $23,205 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $31,670 |
Advertising and promotion | $0 |
Office expenses | $3,738 |
Information technology | $2,214 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,882 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $333,007 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $325,171 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $138,102 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $463,273 |
Accounts payable and accrued expenses | $14 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1 |
Total liabilities | $15 |
Net assets without donor restrictions | $463,258 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $463,273 |
Over the last fiscal year, we have identified 3 grants that International Aid Charity has recieved totaling $43,800.
Awarding Organization | Amount |
---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH & HUMAN SERVICES | $8,007 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $5,793 |
Organization Name | Assets | Revenue |
---|---|---|
Lifesong For Orphans Inc Gridley, IL | $55,071,126 | $40,755,637 |
Nph-Usa Chicago, IL | $9,523,398 | $16,657,427 |
One Collective Nfp Elgin, IL | $3,863,320 | $13,470,210 |
International Disaster Emergency Service Inc Noblesville, IN | $11,197,489 | $11,811,244 |
One World Surgery Deerfield, IL | $14,992,462 | $10,254,872 |
Meds & Food For Kids St Louis, MO | $9,342,329 | $4,463,955 |
Destiny Rescue Usa Inc Fort Wayne, IN | $2,159,510 | $4,562,393 |
Certell Inc Indianapolis, IN | $2,456,190 | $3,831,177 |
International Call Organization Inc Bridgeview, IL | $172,328 | $3,856,996 |
Heroic Hearts Organization Nfp Wheaton, IL | $2,259,688 | $4,346,155 |
Fabretto Childrens Foundation Inc Evanston, IL | $2,557,246 | $3,318,965 |
Project Peanut Butter Maplewood, MO | $330,911 | $3,451,055 |