Islamic Burial Services Association

Analysis

Islamic Burial Services Association is a registered charity in United States, based in Parsippany, NJ. It received its IRS tax-exemption ruling in March 2013, 13 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 2022, Islamic Burial Services Association reported income of $423k and spending of $625k, spending 148% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $115k to $423k (+268%), an average of +54% a year. The sharpest change came in the year to December 2020, when income rose by 750%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Burial Services Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Cowboys with a Mission ($423k), Highland Green Foundation Inc ($423k) and Temple Beit Hayam Foundation Inc ($423k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 54% and program service revenue 39% of the total. At year end it held assets of $3.7m against liabilities of $2.4m, net assets of $1.4m.