Muslim Education Resource Council
Analysis
Muslim Education Resource Council is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2023, Muslim Education Resource Council reported income of $2.6m and spending of $2.6m, spending 101% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $2.7m to $2.6m (-5.4%), an average of -1.4% a year. The sharpest change came in the year to July 2022, when income rose by 45%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Muslim Education Resource Council sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Indianapolis-Marion County Public Library Foundation ($2.6m), Security Council Report Inc ($2.6m) and Victory Christian Academy ($2.6m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $47k (1.8% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.7m against liabilities of $589k, net assets of $1.1m.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 82%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Indianapolis-Marion County Public Library Foundation | Indianapolis | $2.6m |
| Security Council Report Inc | New York | $2.6m |
| Victory Christian Academy | Indianapolis | $2.6m |
| One in Long Beach Inc | Long Beach | $2.6m |