Islamic Center of Queens New York Inc

Analysis

Islamic Center of Queens New York Inc is a registered charity in United States, based in Woodside, NY. It received its IRS tax-exemption ruling in December 1987, 39 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 May 2023, Islamic Center of Queens New York Inc reported income of $349k and spending of $185k, leaving 47% of income unspent that year. Across the 3 years on record, from May 2020 to May 2023, income fell from $353k to $349k (-1.3%), an average of -0.6% a year. Over the whole period it spent 61% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Islamic Center of Queens New York Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Con-Solatio ($349k), Mars Public Library Association ($349k) and Christian Coalition ($349k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m. It reported 4 employees.