Universal Muslim Academy

Analysis

Universal Muslim Academy is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Universal Muslim Academy reported income of $387k and spending of $369k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $405k to $387k (-4.4%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Universal Muslim Academy sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Delaware Military Academy Sports Booster Club ($387k), Wallkill Public Library ($388k) and A 1 Learning Connections ($387k).

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 $235k. At year end it held assets of $192k against liabilities of $150k, net assets of $42k. It reported 5 employees.