Islamic Outreach Foundation

Analysis

Islamic Outreach Foundation is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 May 2023, Islamic Outreach Foundation reported income of $145k and spending of $144k, spending 99% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $175k to $145k (-17%), an average of -4.5% a year. The sharpest change came in the year to May 2022, when income rose by 148%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Islamic Outreach Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Woodstock Community TV ($145k), College Language Association ($145k) and Underground Railroad Society of Cass County ($145k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2,265 (1.6% of expenses). Other salaries and wages came to $77k. At year end it held assets of $5,113 against liabilities of $1,921, net assets of $3,192. It reported 23 employees.