Islamic Association of Central Florida

Analysis

Islamic Association of Central Florida is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in September 2013, 13 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, Islamic Association of Central Florida reported income of $93k and spending of $96k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $58k to $93k (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Association of Central Florida sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Friendship Table ($93k), Tiferet Torah Inc ($93k) and Life Empowering Truths ($93k).

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 $157k against liabilities of $0, net assets of $157k.