Islamic Center of Lexington Inc

Analysis

Islamic Center of Lexington Inc is a registered charity in United States, based in Lexington, NE. It received its IRS tax-exemption ruling in November 2009, 17 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 Lexington Inc reported income of $121k and spending of $73k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $121k (+95%), an average of +95% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 64% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Center of Lexington Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NE. Charities of a similar size with the same main cause include Lifegate Worldwide ($121k), Heart 2 Heart Music Inc ($121k) and Iglesia Pentecostal Maranatha Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.