Masdjid Assalam Walkhair Incorporated

Analysis

Masdjid Assalam Walkhair Incorporated is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2017, 9 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 2023, Masdjid Assalam Walkhair Incorporated reported income of $125k and spending of $146k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $76k to $125k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 126% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masdjid Assalam Walkhair Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Richmond Heights Community Development Corporation ($125k), Afjm International Inc ($125k) and Cross Angle Ministries Inc ($125k).

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 $36k against liabilities of $0, net assets of $36k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.