Islamic Association of Southern Connecticut- Inc

Analysis

Islamic Association of Southern Connecticut- Inc is a registered charity in United States, based in Meriden, CT. It received its IRS tax-exemption ruling in June 2011, 15 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 2021, Islamic Association of Southern Connecticut- Inc reported income of $159k and spending of $104k, leaving 35% of income unspent that year. Across the 4 years on record, from December 2018 to December 2021, income grew from $155k to $159k (+2.5%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Association of Southern Connecticut- Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Svivah Inc ($159k), Oasis International Missions Inc ($159k) and Center for European Church Planting ($159k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 90% of the total. Other salaries and wages came to $33k. At year end it held assets of $766k against liabilities of $0, net assets of $766k.