Parkchester Jame Masjid Inc

Analysis

Parkchester Jame Masjid Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in April 1991, 35 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, Parkchester Jame Masjid Inc reported income of $339k and spending of $228k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $260k to $339k (+30%), an average of +9.2% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parkchester Jame Masjid Inc sits at the 62nd 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 60th percentile within NY. Charities of a similar size with the same main cause include Plain Township Youth League Inc ($339k), Wee Care Day Care Center ($339k) and Pro Bono Network ($339k).

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 $70k. It paid $900 in professional fundraising fees. At year end it held assets of $0 against liabilities of $0, net assets of $0.