Muslim Center of Somerset County

Analysis

Muslim Center of Somerset County is a registered charity in United States, based in Hillsborough, NJ. It received its IRS tax-exemption ruling in October 1993, 33 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, Muslim Center of Somerset County reported income of $366k and spending of $276k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $320k to $366k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Muslim Center of Somerset County sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Lucky Dog Thrift Store Inc ($366k), Significant Matters Inc ($366k) and A Shinning Stars Early Learning Center Inc ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m. It reported 1 employees.