Tawheed Center of Novi Association

Analysis

Tawheed Center of Novi Association is a registered charity in United States, based in Novi, MI. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Tawheed Center of Novi Association reported income of $531k and spending of $190k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $293k to $531k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 47% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tawheed Center of Novi Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include 441 Ministries Beechwood Inc ($531k), Mobile Hope ($532k) and Consensus Council Inc ($531k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $70k. At year end it held assets of $438k against liabilities of $0, net assets of $438k. It reported 1 employees.