Shia Association of North America

Analysis

Shia Association of North America is a registered charity in United States, based in Delran, NJ. It received its IRS tax-exemption ruling in November 1973, 53 years ago. 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 December 2023, Shia Association of North America reported income of $168k and spending of $197k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $129k to $168k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shia Association of North America sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include American Society of Heating Refrigerating & A-C Engineers ($168k), Walnut Hills Instrumentalists Parents Inc ($168k) and Meduxnekeag Ramblers ($168k).

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 $332k against liabilities of $0, net assets of $332k.