Light of Islam

Analysis

Light of Islam is a registered charity in United States, based in Harvey, IL. It received its IRS tax-exemption ruling in August 2001, 25 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, Light of Islam reported income of $279k and spending of $530k, spending 190% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $279k (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Light of Islam sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Road Runners Club of America Inc ($279k), Taylor County Wisconsin Humane Society Inc ($279k) and Better Homes of Seaford Inc ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 23% of the total. Other salaries and wages came to $26k. At year end it held assets of $535k against liabilities of $0, net assets of $535k.