Madinatul-Ilm Academy of United States Inc

Analysis

Madinatul-Ilm Academy of United States Inc is a registered charity in United States, based in Gurnee, IL. It received its IRS tax-exemption ruling in November 1999, 27 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, Madinatul-Ilm Academy of United States Inc reported income of $130k and spending of $88k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $116k to $130k (+12%), an average of +12% a year. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Madinatul-Ilm Academy of United States Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Chomsky Legacy Collection ($130k), Blackwell Public School Foundation Inc ($130k) and Hearts for Jesus Christ Christian Education Institute ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $282k against liabilities of $0, net assets of $282k.