Al-Madrasa Al-Islamiya

Analysis

Al-Madrasa Al-Islamiya is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2000, 26 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 December 2023, Al-Madrasa Al-Islamiya reported income of $885k and spending of $860k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $823k to $885k (+7.6%), an average of +1.9% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Al-Madrasa Al-Islamiya sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Eastern Shore Entrepreneurship Center Inc ($885k), Village Home Education Resource Center ($885k) and American Medical Student Association Foundation ($885k).

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 $616k. At year end it held assets of $171k against liabilities of $18k, net assets of $153k. It reported 36 employees.