Muslim Community Center of Memphis Inc

Analysis

Muslim Community Center of Memphis Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Muslim Community Center of Memphis Inc reported income of $3.9m and spending of $3.4m, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $3.4m to $3.9m (+12%), an average of +3.8% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Muslim Community Center of Memphis Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Keystone Smiles Community Learning Center Inc ($3.9m), Buccaneer Commission Inc Memorial Coliseum ($3.9m) and Actuarial Foundation ($3.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 18% and program service revenue 81% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $5.3m against liabilities of $925k, net assets of $4.4m. It reported 68 employees.