Glad News for Muslims Inc

Analysis

Glad News for Muslims Inc is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in October 2007, 19 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 2023, Glad News for Muslims Inc reported income of $356k and spending of $295k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $356k (+15%), an average of +3.6% a year. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Glad News for Muslims Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Resort Area Ministry Ram ($356k), Rocky Mountain Police Chaplains ($356k) and West African Christian Ministries Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $105k (36% of expenses). Other salaries and wages came to $112k. At year end it held assets of $1.9m against liabilities of $24k, net assets of $1.8m.