Irshad Islamic Center

Analysis

Irshad Islamic Center is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in November 2010, 16 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, Irshad Islamic Center reported income of $301k and spending of $218k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $301k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Irshad Islamic Center sits at the 74th 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 60th percentile within MN. Charities of a similar size with the same main cause include New Life Missionary Church Igreja Missionaria Nova Vida ($301k), Welcome Home Global Inc ($301k) and Eagle Wings Ministries ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Other salaries and wages came to $96k. At year end it held assets of $423k against liabilities of $0, net assets of $423k. It reported 1 employees.