Islamic Association of Ypsilanti Inc

Analysis

Islamic Association of Ypsilanti Inc is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in September 1999, 27 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, Islamic Association of Ypsilanti Inc reported income of $228k and spending of $151k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $228k (+110%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 143%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Association of Ypsilanti Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Belay Youth Ministry ($228k), Come Before Winter Inc ($228k) and Marketplace Leaders Ministries Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $722k against liabilities of $0, net assets of $722k.