Masjid Ashabul Yameen

Analysis

Masjid Ashabul Yameen is a registered charity in United States, based in East Orange, NJ. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Masjid Ashabul Yameen reported income of $526k and spending of $377k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $466k to $526k (+13%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masjid Ashabul Yameen sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Christian Academy of Little Saints ($526k), St Josaphat Basilica Foundation Inc ($526k) and West Valley Islamic Center ($525k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.