Islamic Society of Northwest Suburbs of Chicago
Analysis
Islamic Society of Northwest Suburbs of Chicago is a registered charity in United States, based in Rolling MDWS, IL. It received its IRS tax-exemption ruling in April 1986, 40 years ago. 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 2023, Islamic Society of Northwest Suburbs of Chicago reported income of $4.1m and spending of $1.1m, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $4.1m (+155%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 35% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Islamic Society of Northwest Suburbs of Chicago sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Telacu Education Fountation ($4.1m), The Young Mens Christian Assoc of Stevens Point Wisconsin Area Inc ($4.1m) and NCR Permanent Supportive Housing Services ($4.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Other salaries and wages came to $147k. At year end it held assets of $11.0m against liabilities of $80k, net assets of $10.9m. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 2.7%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Telacu Education Fountation | Commerce | $4.1m |
| The Young Mens Christian Assoc of Stevens Point Wisconsin Area Inc | Stevens Point | $4.1m |
| NCR Permanent Supportive Housing Services | Columbus | $4.1m |
| Helena Indian Alliance Inc | Helena | $4.1m |