Islamic Academy of South Jersey Inc

Analysis

Islamic Academy of South Jersey Inc is a registered charity in United States, based in Egg HBR TWP, NJ. It received its IRS tax-exemption ruling in April 2015, 11 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, Islamic Academy of South Jersey Inc reported income of $458k and spending of $467k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $458k (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Islamic Academy of South Jersey Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Archangels Academy ($458k), MV Center for Education and Training Inc ($458k) and Die Rasselbande Preschool Inc ($458k).

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 $282k. At year end it held assets of $96k against liabilities of $0, net assets of $96k. It reported 18 employees.