Corvallis Islamic Community

Analysis

Corvallis Islamic Community is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Corvallis Islamic Community reported income of $63k and spending of $45k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $63k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 54% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Corvallis Islamic Community sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within OR. Charities of a similar size with the same main cause include Kids Give Back ($63k), Equity Initiative Inc ($63k) and Future Farmers of America State Associations & Local Chapter ($63k).

At year end it held assets of $541k against liabilities of $2,915, net assets of $538k.