Indian Muslim Education Foundation of North America

Analysis

Indian Muslim Education Foundation of North America is a registered charity in United States, based in Downers Grove, IL. It received its IRS tax-exemption ruling in May 2001, 25 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, Indian Muslim Education Foundation of North America reported income of $66k and spending of $77k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $148k to $66k (-56%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 45%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Indian Muslim Education Foundation of North America sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Vida de Fe Internacional ($66k), Evangelical Ministries Embassy of God Inc ($66k) and Iglesia Comunitaria Nueva Vida ($66k).

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 $477k against liabilities of $0, net assets of $477k.