Markaz Tawheed Wa Sunnah

Analysis

Markaz Tawheed Wa Sunnah is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Markaz Tawheed Wa Sunnah reported income of $271k and spending of $199k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $227k to $271k (+20%), an average of +9.4% a year. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Markaz Tawheed Wa Sunnah sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Our Surrendered Lives Ministries Inc ($271k), Chabad for Travelers Inc ($271k) and David Corn Ministries ($271k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 61% of the total. Compensation of current officers, directors and key employees was $31k (15% of expenses). At year end it held assets of $1.1m against liabilities of $245k, net assets of $825k. It reported 1 employees.