Bellerose Islamic Center Inc

Analysis

Bellerose Islamic Center Inc is a registered charity in United States, based in Queens VLG, NY. It received its IRS tax-exemption ruling in March 2015, 11 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 June 2024, Bellerose Islamic Center Inc reported income of $88k and spending of $57k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $129k to $88k (-31%), an average of -31% a year. The sharpest change came in the year to June 2024, when income dropped by 31%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bellerose Islamic Center Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include McGowan International Ministries ($88k), American Friends of Koll El Toras Zeraim Jerusalem Inc ($88k) and Transformation Today ($88k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $492k against liabilities of $216k, net assets of $276k.