Islamic Society Leading American Muslims Inc

Analysis

Islamic Society Leading American Muslims Inc is a registered charity in United States, based in New Smyrna, FL. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Islamic Society Leading American Muslims Inc reported income of $112k and spending of $125k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $302k to $112k (-63%), an average of -39% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Society Leading American Muslims Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Faith Christian Reformed Church ($112k), O E Williams Ministries ($112k) and Iglesia Bautista Central Inc ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $155k against liabilities of $7,256, net assets of $148k.