Young Muslims Inc

Analysis

Young Muslims Inc is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in January 2004, 22 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, Young Muslims Inc reported income of $776k and spending of $831k, spending 107% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $336k to $776k (+131%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 56%. 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, Young Muslims Inc 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 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Jewish Outreach Inc ($775k), Missio Kaleo Inc ($776k) and The Alabama Holocaust Education Center ($775k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $271k against liabilities of $101k, net assets of $170k.