The Islamic Society of West Valley
Analysis
The Islamic Society of West Valley is a registered charity in United States, based in Canoga Park, CA. It received its IRS tax-exemption ruling in January 2016, 10 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 2022, The Islamic Society of West Valley reported income of $346k and spending of $373k, spending 108% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $366k to $346k (-5.4%), an average of -1.4% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 91% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, The Islamic Society of West Valley sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Vision Street Ministries Inc ($346k), Immanuel Prayer House Inc ($346k) and Sierra Methodist Chautauqua & Bible Conference Assn ($346k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 95% and program service revenue 5.1% of the total. Other salaries and wages came to $79k. At year end it held assets of $1.1m against liabilities of $627k, net assets of $438k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 5.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Vision Street Ministries Inc | Holly Springs | $346k |
| Immanuel Prayer House Inc | Belton | $346k |
| Sierra Methodist Chautauqua & Bible Conference Assn | Big Creek | $346k |
| Zionist Rabbinic Coalition Inc | Rockville | $347k |