Al-Huda Society Inc

Analysis

Al-Huda Society Inc is a registered charity in United States, based in Chelsea, MA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Al-Huda Society Inc reported income of $554k and spending of $531k, spending 96% of its income. Across the 3 years on record, from June 2018 to June 2020, income fell from $695k to $554k (-20%), an average of -11% a year. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Al-Huda Society Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Projectcurate ($554k), Genesis 123 Foundation ($555k) and Islamic Center of Staten Island Inc ($554k).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 47% and program service revenue 53% of the total. Other salaries and wages came to $189k. At year end it held assets of $2.0m against liabilities of $57k, net assets of $2.0m. It reported 6 employees.