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Filing year 2024

HOMA SAFAII CHARITABLE OPERATING FOUNDATION INC

Newton, Massachusetts·EIN 87-4060057·NTEE T23 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$38k
Total assets
$884k
Total expenses
$88k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. HOMA SAFAII CHARITABLE OPERATING FOUNDATION INC reported 4 unpaid officers and board members on its 990-PF.

Treasurer
Founder/pres.
Trustee
Manager
Pay in context

Top pay as a share of expenses

In 2022, the highest total compensation at HOMA SAFAII CHARITABLE OPERATING FOUNDATION INC equaled 24% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2022)
24%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$63k

Itemized grants

5

Median grant

$10k

RecipientLocationPurposeAmount
BIGSISTERBIGBROTHERBOSTON, MAEDUCATION$30k
MACHIKNW, DCEDUCATION$12k
BARAKATCAMBRIDGE, MAEDUCATION$10k
PARTNER FOR SURGERYMCLEAN, VAEDUCATION$8k
ASIA AMERICA CIVIL ASSOCIATIONBOSTON, MAEDUCATION$3k
Financial trend

Revenue and expenses over time

HOMA SAFAII CHARITABLE OPERATING FOUNDATION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$1k
$21k
2022
$25k
$32k
2023
$38k
$88k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Massachusetts

HOMA SAFAII CHARITABLE OPERATING FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Massachusetts earns a median of $17,596.

25th percentile
$5k
Median
$17,596
75th percentile
$66k
90th percentile
$171k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Massachusetts

Similar Organizations

Similar sector (T)Very similar revenue ($35k vs $38k)Same state (Massachusetts)
Similar sector (T)Same state (Massachusetts)Similar median compensation ($5k vs $5k)
Similar sector (T)Same state (Massachusetts)Comparable compensation levels
$88k revenue
Similar sector (T)Same state (Massachusetts)Comparable compensation levels
Similar sector (T)Same state (Massachusetts)Comparable compensation levels
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Similar sector (T)Same state (Massachusetts)Comparable compensation levels
$1.6M revenue
Similar sector (T)Same state (Massachusetts)
$76k revenue
Similar sector (T)Same state (Massachusetts)
$103k revenue
Similar sector (T)Same state (Massachusetts)
$265k revenue
Similar sector (T)Same state (Massachusetts)
FAQ

Common questions about HOMA SAFAII CHARITABLE OPERATING FOUNDATION INC

What are HOMA SAFAII CHARITABLE OPERATING FOUNDATION INC's revenue and expenses?

In 2024, HOMA SAFAII CHARITABLE OPERATING FOUNDATION INC reported $38k in total revenue and $88k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.