Muslim Khoja Shia Ithna-Asheri Community of Leicester
Analysis
Muslim Khoja Shia Ithna-Asheri Community of Leicester is a registered charity in England and Wales, based in Leicester. It was registered in July 2020, 6 years ago. Its declared purposes cover education/training and religious activities, which this site groups under religion. Legally it is a charitable incorporated organisation (CIO). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.
In the financial year ending March 2024, Muslim Khoja Shia Ithna-Asheri Community of Leicester reported income of £1.0m and spending of £371k, leaving 63% of income unspent that year. The sharpest change came in the year to March 2024, when income rose by 86%. Over the whole period it spent 52% of the income it received.
Among 20,496 England and Wales charities whose main cause is religion and that reported income, Muslim Khoja Shia Ithna-Asheri Community of Leicester sits at the 97th percentile: it is larger than about 96% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include Trust Property and Funds Held in Connection with St Columba's Church and Congregation (£1.0m), Sutton Coldfield Baptist Church (£1.0m) and Canvey Kehilla Ltd (£1000k).
In its latest detailed accounts, income came from charitable activities 93%. Charitable activities took 47% of spending and raising funds 0.0%. Reserves of £90k would cover about 3 months of spending at that rate. It employed 2 people.
Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue.
Income and spending
Where the income comes from
- Charitable activities 93%
- Investments 0.6%
- Other 6.2%
In the charity's own words
THE OBJECT OF THE COMMUNITY IS TO PROMOTE AND ADVANCE BY ANY SUCH MEANS AS ARE ACCORDING TO THE LAWS OF ENGLAND EXCLUSIVELY THE ISLAMIC RELIGION IN ACCORDANCE WITH THE PRINCIPLES OF SHIA ITHNA-ASHARI SHARIA TO PROVIDE RELIEF TO THE POOR MEMBERS OF THE FAITH.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trust Property and Funds Held in Connection with St Columba's Church and Congregation | London | £1.0m |
| Sutton Coldfield Baptist Church | Sutton Coldfield | £1.0m |
| Canvey Kehilla Ltd | Essex | £1000k |
| Eleventh Church of Christ, Scientist, London | London | £1.0m |