Muslim Society of Rhode Island

Analysis

Muslim Society of Rhode Island is a registered charity in United States, based in Pawtucket, RI. It received its IRS tax-exemption ruling in October 2008, 18 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 2020, Muslim Society of Rhode Island reported income of $178k and spending of $47k, leaving 74% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income fell from $249k to $178k (-29%), an average of -29% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 42% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Muslim Society of Rhode Island sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within RI. Charities of a similar size with the same main cause include International Community Outreach Inc ($178k), Capri Real Estate Holding Company ($178k) and Greenwood Ministries Association ($178k).

At year end it held assets of $520k against liabilities of $200k, net assets of $320k.