Masjid Muhammad Ibn Ismail Al-Bukhari

Analysis

Masjid Muhammad Ibn Ismail Al-Bukhari is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2014, 12 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, Masjid Muhammad Ibn Ismail Al-Bukhari reported income of $577k and spending of $236k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $226k to $577k (+155%), an average of +155% a year. The sharpest change came in the year to December 2023, when income rose by 155%. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masjid Muhammad Ibn Ismail Al-Bukhari sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Machon Chana Womens Institute Inc ($577k), Encounter More Ministries ($577k) and MGM Community Services Inc ($577k).

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 $58k against liabilities of $0, net assets of $58k.