Islamic Society of Western Massachusetts
Analysis
Islamic Society of Western Massachusetts is a registered charity in United States, based in W Springfield, MA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Islamic Society of Western Massachusetts reported income of $828k and spending of $704k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $518k to $828k (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 80% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Society of Western Massachusetts sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Gospel Enterprises Inc ($828k), The Potters Wheel Inc ($828k) and Chosen People International ($828k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 6.3% of the total. Other salaries and wages came to $119k. At year end it held assets of $4.5m against liabilities of $0, net assets of $4.5m. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 6.3%
- Other 8.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gospel Enterprises Inc | Lake Waccamaw | $828k |
| The Potters Wheel Inc | Evansville | $828k |
| Chosen People International | Alpharetta | $828k |
| World Methodist Evangelism Inc | W Lafayette | $828k |