Islamic School of Rhode Island Inc

Analysis

Islamic School of Rhode Island Inc is a registered charity in United States, based in West Warwick, RI. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Islamic School of Rhode Island Inc reported income of $996k and spending of $1.0m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $671k to $996k (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Islamic School of Rhode Island Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within RI. Charities of a similar size with the same main cause include Jordan Glen School and Summer Camp Inc ($996k), Chance Academy ($996k) and The Sycamore School Inc ($995k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 113% and program service revenue 0.0% of the total. Other salaries and wages came to $642k. At year end it held assets of $1.3m against liabilities of $15k, net assets of $1.3m. It reported 27 employees.