Al Bayaan Islamic Center

Analysis

Al Bayaan Islamic Center is a registered charity in United States, based in LA Puente, CA. It received its IRS tax-exemption ruling in May 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Al Bayaan Islamic Center reported income of $197k and spending of $289k, spending 147% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $330k to $197k (-40%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Al Bayaan Islamic Center 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 53rd percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include The United Church of God in Christ Inc ($197k), Casa de Luz Church Inc ($197k) and Texas State Championship Fiddlers Frolics ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $103k. At year end it held assets of $839k against liabilities of $3,752, net assets of $835k. It reported 12 employees.