Islamic Center of Southwest Florida Inc

Analysis

Islamic Center of Southwest Florida Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in December 2012, 14 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, Islamic Center of Southwest Florida Inc reported income of $486k and spending of $427k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $310k to $486k (+57%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Center of Southwest Florida Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Builders of the Highway Foundation ($485k), Promise Housing Plus ($486k) and Bureau of Jewish Education of Greater Phoenix ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $63k. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.