Darul Arqam School Inc

Analysis

Darul Arqam School Inc is a registered charity in United States, based in South River, NJ. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Darul Arqam School Inc reported income of $1.7m and spending of $1.6m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.7m (-1.0%), an average of -0.2% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Darul Arqam School Inc 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 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include The Florida Future Farmers of America Foundation Incorporated ($1.7m), D C Rape Crisis Center ($1.7m) and Colorado Journeymen and Apprentices Training Fund for Operating Engine ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $929k. At year end it held assets of $2.3m against liabilities of $885k, net assets of $1.4m. It reported 45 employees.