Toledo Muslim Community Center
Analysis
Toledo Muslim Community Center is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in August 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 2022, Toledo Muslim Community Center reported income of $306k and spending of $268k, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $761k to $306k (-60%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 44%. Over the whole period it spent 73% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Toledo Muslim Community Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Alliance Network Inc ($306k), Reach Ministries International ($306k) and Etowah Baptist Missions Center Inc ($306k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $110k. At year end it held assets of $2.2m against liabilities of $1.7m, net assets of $538k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alliance Network Inc | Intercourse | $306k |
| Reach Ministries International | Corona | $306k |
| Etowah Baptist Missions Center Inc | Gadsden | $306k |
| Pray Love Unite Ministries Incorporated | Bessemer | $306k |