Islamic Center of Irvine Inc

Analysis

Islamic Center of Irvine Inc is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in March 2024, 2 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 2022, Islamic Center of Irvine Inc reported income of $2.2m and spending of $2.2m, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.3m to $2.2m (-5.3%), an average of -1.8% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Center of Irvine Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include China Harvest Inc ($2.2m), Ted Shuttlesworth Evangelistic Association ($2.2m) and David E Boone Sr Ministries Inc ($2.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 88% and program service revenue 9.3% of the total. Other salaries and wages came to $680k. At year end it held assets of $4.9m against liabilities of $116k, net assets of $4.8m. It reported 45 employees.