Muslim Community Center of Brooklyn Inc

Analysis

Muslim Community Center of Brooklyn Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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 December 2023, Muslim Community Center of Brooklyn Inc reported income of $201k and spending of $104k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $201k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Muslim Community Center of Brooklyn Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($201k), Iowa Cattlemens Foundation Inc ($201k) and Summit Historical Society ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $49k. At year end it held assets of $4.3m against liabilities of $11k, net assets of $4.3m.