Indian American Muslim Council

Analysis

Indian American Muslim Council is a registered charity in United States, based in Morton Grove, IL. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Indian American Muslim Council reported income of $1.5m and spending of $1.8m, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $177k to $1.5m (+774%), an average of +72% a year. The sharpest change came in the year to September 2020, when income rose by 581%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Indian American Muslim Council sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Embroiderers Guild of America Inc ($1.5m), Blowing Rock Art & History Museum Inc ($1.5m) and Latino Legislative Caucus Foundation ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $264k. At year end it held assets of $1.3m against liabilities of $11k, net assets of $1.3m.