Tajweed Institute Inc

Analysis

Tajweed Institute Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tajweed Institute Inc reported income of $1.7m and spending of $1.0m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $517k to $1.7m (+238%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tajweed Institute Inc 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 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Courtyard Private School ($1.7m), Hebrew at the Center Inc ($1.7m) and Community-Word Project Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $48k (4.7% of expenses). At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 1 employees.