Islamic University of North America Inc

Analysis

Islamic University of North America Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Islamic University of North America Inc reported income of $755k and spending of $744k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $842k to $755k (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Islamic University of North America Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Clear Lake Classical Incorporated ($755k), Michigan Sheet Metal Training and Apprenticeship Inc ($755k) and Rellis Commercial Driver Training Academy ($755k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $311k. At year end it held assets of $438k against liabilities of $0, net assets of $438k. It reported 5 employees.