Organization of North Amerian Shia Ithna-Asheri Muslim

Analysis

Organization of North Amerian Shia Ithna-Asheri Muslim is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Organization of North Amerian Shia Ithna-Asheri Muslim reported income of $641k and spending of $579k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $641k (+156%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 55%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Organization of North Amerian Shia Ithna-Asheri Muslim sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Promise of Hope Inc ($641k), Rise Up Recovery ($641k) and Zichru Inc ($640k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $879k against liabilities of $150, net assets of $879k.