Islamic Center of Weston

Analysis

Islamic Center of Weston is a registered charity in United States, based in Weston, FL. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Islamic Center of Weston reported income of $155k and spending of $166k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $921k to $155k (-83%), an average of -59% a year. The sharpest change came in the year to December 2022, when income dropped by 84%. Over the whole period it spent 37% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Center of Weston sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Eric Horner Ministries Inc ($155k), Emet Ministries Inc ($155k) and Iglesia de Jesucristo Remanente Fiel ($155k).

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 $905k against liabilities of $0, net assets of $905k.