Turkish American Community Center Inc

Analysis

Turkish American Community Center Inc is a registered charity in United States, based in Manalapan, NJ. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2024, Turkish American Community Center Inc reported income of $94k and spending of $90k, spending 96% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $41k to $94k (+129%), an average of +51% a year. The sharpest change came in the year to August 2023, when income rose by 121%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Turkish American Community Center Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Power Ministries Worldwide Inc ($94k), Hope - House of Prayer Evangelical Brazilian Church ($94k) and Iglesia Cristiana Altar de Adoracion ($94k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 49% and program service revenue 44% of the total. At year end it held assets of $284k against liabilities of $0, net assets of $284k.