Charity Way Foundation FY2022 filing

Tax-deductible

Blaine, MN501(c)(3)InternationalEIN 41-1983021

Medical assistance, education, assistance for widows and the elderly, and housing assistance is provided to the poor of india. The organization will get financial support from people of sub-continent orgin who wish to see better conditions for people of their former country of citizenship this activity is substanially related to the exercise or performance of the purpose or function that is the basis of the organizational exemption. Work done in india & pakistan. Medical assistance provided for the poor of pakistan.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $9K a year · 2% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $123K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$546K
-9% vs prior year
Spent
$719K
To programs
100%
Net assets
$139K
By yearFY2020–FY2024
Revenue
$546K
FY2022▼ -9%
Revenue by fiscal year
FY2020$558K
FY2021$602K
FY2022$546K
FY2023$660K
FY2024$590K
Expenses
$719K
FY2022▲ +44%
Expenses by fiscal year
FY2020$521K
FY2021$498K
FY2022$719K
FY2023$600K
FY2024$572K
Net assets
$139K
FY2022▼ -56%
Net assets by fiscal year
FY2020$208K
FY2021$312K
FY2022$139K
FY2023$198K
FY2024$217K

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $718K Management & general 0% · $805

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Ex Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Charity Way Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides medical aid, education, and housing for the poor in India and Pakistan.

Provided by the organization

This section is blank until Charity Way Foundation claims this page.

Know this organization? Claim it to add your story

3 program services account for $718K of program spending, described in the organization's own filed words · FY2022.
01

Establishment of small businesses, food & clothing, housing, marriages assistance for widows & eldery

$468Kprogram expense
02

Medical instruments for hospitals, medical camps, medical clinic, immunization, and misc medical assistance

$198Kprogram expense
03

Educational assistance, assistance in paying teachers salaries, helped in construction of schools & vocational centers

$52Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$123K
See all 3 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$546K
Ln 12
Gifts and grantsLn 1h$545K
Investment incomeLn 3$40
Money outPt IX
$719K
Ln 25
Programscol B$718K
Managementcol C$805
Owns and owesPt X
$139K
net assets · Ln 32
Cash and savingsLn 1–2$139K
Total assetsLn 16$139K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$545K
Investment incomeLn 3$40
Total revenueLn 12$546K
Assets in detailPt X, end of year
SavingsLn 2$139K
Cash and savings togetherLn 1–2$139K
Total assetsLn 16$139K
LiabilitiesLn 26$0
Net assetsLn 32$139K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$312K$139K
Total assetsLn 16$312K$139K
LiabilitiesLn 26$0$0
Net assetsLn 32$312K$139K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$718K$718K
Accounting feesLn 11c$355$355
Office expensesLn 13$1K$700$450
Total functional expensesLn 25$719K$718K$805$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $590K$572K$18K$217K 990 PDF
FY2023 $660K$600K$60K$198K 990 PDF
FY2022 Viewing $546K$719K−$173K$139K 990 PDF
FY2021 $602K$498K$104K$312K 990 PDF
FY2020 $558K$521K$38K$208K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $545,531 across 4 lines filed
VIII-1f All other contributions, gifts and grants$545,491
VIII-1h Total contributions, gifts and grants$545,491
VIII-3 Investment incomeExcluded from tax $40$40
VIII-12 Total revenueExcluded from tax $40$545,531
Part IX · Statement of functional expenses $719,018 across 3 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $717,513$717,513
IX-11c Accounting feesManagement $355$355
IX-13 Office expensesPrograms $700 · Management $450$1,150
IX-25 Total functional expensesPrograms $718,213 · Management $805 · Fundraising $0$719,018
Part X · Balance sheet $138,657 assets, 6 lines filed
X-2 Savings and temporary cash investmentsStart of year $312,144$138,657
X-16 Total assetsStart of year $312,144$138,657
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $312,144$138,657
X-32 Total net assets or fund balancesStart of year $312,144$138,657
X-33 Total liabilities and net assetsStart of year $312,144$138,657
Part XI · Reconciliation of net assets $138,657 net assets at year end
XI-1 Total revenue$545,531
XI-2 Total expenses$719,018
XI-3 Revenue less expenses−$173,487
XI-4 Net assets at start of year$312,144
XI-10 Net assets at end of year$138,657

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.