Montgomery County Muslim Foundation Inc

Analysis

Montgomery County Muslim Foundation Inc is a registered charity in United States, based in Derwood, MD. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Montgomery County Muslim Foundation Inc reported income of $305k and spending of $308k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $322k to $305k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Montgomery County Muslim Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Global Village Connect ($305k), Veterans Fishing Adventure ($305k) and Traded Treasures Thrift Store and Community Food Pantry Inc ($305k).

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 $122k. At year end it held assets of $80k against liabilities of $2,181, net assets of $78k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.