Mount Sinai Muslim Center Inc

Analysis

Mount Sinai Muslim Center Inc is a registered charity in United States, based in Mount Sinai, NY. It received its IRS tax-exemption ruling in December 2010, 16 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, Mount Sinai Muslim Center Inc reported income of $302k and spending of $105k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $302k (+51%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mount Sinai Muslim Center Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Asia Connect ($302k), We Love Our City ($302k) and Life Builders Ministries International ($302k).

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 $1.1m against liabilities of $0, net assets of $1.1m.