Islamic Center of Lake Hiawatha a NJ Nonprofit Corporation

Analysis

Islamic Center of Lake Hiawatha a NJ Nonprofit Corporation is a registered charity in United States, based in Parsippany, NJ. It received its IRS tax-exemption ruling in February 2011, 15 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, Islamic Center of Lake Hiawatha a NJ Nonprofit Corporation reported income of $53k and spending of $42k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $53k (+7.4%), an average of +7.4% a year. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Center of Lake Hiawatha a NJ Nonprofit Corporation sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 27th percentile within NJ. Charities of a similar size with the same main cause include Kingdom Presence ($53k), Community Ministry for Girls Inc ($53k) and Ganesh Utsav New York Inc ($53k).

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 $186k against liabilities of $0, net assets of $186k.