American Islamic Community Center Inc

Analysis

American Islamic Community Center Inc is a registered charity in United States, based in Madison HTS, MI. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Islamic Community Center Inc reported income of $1.1m and spending of $134k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $1.1m (+267%), an average of +38% a year. The sharpest change came in the year to December 2021, when income rose by 192%. Over the whole period it spent 23% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Islamic Community Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Louisville Visual Art Inc ($1.1m), Lexington Philharmonic Society Inc ($1.1m) and American Society of Extracorporeal Technology Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $31k. At year end it held assets of $5.5m against liabilities of $601k, net assets of $4.9m. It reported 2 employees.