Darul Khair Quraan Center Inc

Analysis

Darul Khair Quraan Center Inc is a registered charity in United States, based in Jersey City, NJ. It received its IRS tax-exemption ruling in February 2017, 9 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, Darul Khair Quraan Center Inc reported income of $116k and spending of $114k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $116k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Darul Khair Quraan Center Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Leaders for Christ ($116k), Nur Publications ($116k) and Hope of Persia Evangelistic Ministries ($116k).

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 $500k against liabilities of $0, net assets of $500k. It reported 1 employees.