Islamic Center of New York State - Masjid Al-Huda

Analysis

Islamic Center of New York State - Masjid Al-Huda is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2016, 10 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, Islamic Center of New York State - Masjid Al-Huda reported income of $84k and spending of $32k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5,200 to $84k (+1511%), an average of +100% a year. The sharpest change came in the year to December 2020, when income rose by 467%. Over the whole period it spent 46% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Center of New York State - Masjid Al-Huda sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Episcopal Peace Fellowship ($84k), Jesus LA Fuente de Vida Internacional ($84k) and Houses of Worship International Christian Partnership ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1,100. At year end it held assets of $487k against liabilities of $0, net assets of $487k.