Bayonne Muslims a NJ Nonprofit Corporation

Analysis

Bayonne Muslims a NJ Nonprofit Corporation is a registered charity in United States, based in Bayonne, NJ. It received its IRS tax-exemption ruling in September 2014, 12 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, Bayonne Muslims a NJ Nonprofit Corporation reported income of $484k and spending of $309k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $658k to $484k (-27%), an average of -7.4% a year. The sharpest change came in the year to December 2021, when income dropped by 57%. Over the whole period it spent 38% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bayonne Muslims a NJ Nonprofit Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Reclaim Ministries Inc ($483k), Jesus Centered Ministries Inc ($484k) and Palpung Foundation ($483k).

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 $83k. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m. It reported 1 employees.