Timbuktu Islamic Center Inc

Analysis

Timbuktu Islamic Center Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2014, 12 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, Timbuktu Islamic Center Inc reported income of $110k and spending of $111k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $128k to $110k (-14%), an average of -4.8% a year. The sharpest change came in the year to December 2021, when income dropped by 15%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Timbuktu Islamic Center Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Retreat House Spirituality Center Inc ($110k), Lifesteps World Ministries Inc ($110k) and Kingdom Reconciliation Outreach Ministries Inc ($110k).

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 $5,600 against liabilities of $0, net assets of $5,600.