Islamic Society of Roosevelt Island

Analysis

Islamic Society of Roosevelt Island is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2014, 12 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 June 2024, Islamic Society of Roosevelt Island reported income of $69k and spending of $37k, leaving 46% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $58k to $69k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Society of Roosevelt Island sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Global Outreach Fellowship Inc ($69k), Bridgelives ($69k) and Freedom Center Ministries Inc ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.