Taq Waqf Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TAQ Waqf Inc is a public charity and educational organization dedicated to producing and then widely promoting The Ascendant Qur'an exegesis and translation of the Qur'an to both Muslims and non-Muslims alike. Currently, the organizational effort is dedicated to: (1) completing the simplified version of the translation intended for young people and those who speak English as a second language; (2) producing audio and ePub editions of the translation work already completed; and (3) completing the remaining 25 volumes of the exegesis (14 volumes have already been completed and published).
- Income
- $65,138
- Spending
- $140,790
- Spent on programs
- 61%
- Reserves
- 19 months of spending
- Largest source of income
- donations and private grants, 98%
- Employees
- 0
- Volunteers
- 3
- Highest pay
- $71,500, president
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 60% of charities in its peer group (religion, under $250k).
Reserves
35 of 35Spendable reserves would cover 19.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 116% of income.
Income trend
15 of 15Income rose 0% on the year before.
Spending floor
8 of 1561% of spending went to programs and raising each dollar of donations cost 6 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 78 out of 100. Higher than 82% of charities in its peer group (religion, under $250k).
Independent board
18 of 252 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $56,128 spent. Completed work on the second edition of the English-Arabic translation for Muslim English speakers and published it; initiated work on the simplified English-only translation for young people and those who speak English as a second language; and published a monthly web periodical (12 issues/yr)
- $5,822 spent. Digital library, web storefront, and social media
- $24,075 spent. Completed production of audio- and e-book editions of The Ascendant Qur'an English-only translation, targeted primarily toward non-Muslim English speakers
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2022.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.