Masjid Ul Mumineen Inc

Analysis

Masjid Ul Mumineen Inc is a registered charity in United States, based in Homestead, FL. It received its IRS tax-exemption ruling in March 2001, 25 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 2021, Masjid Ul Mumineen Inc reported income of $81k and spending of $132k, spending 164% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $94k to $81k (-15%), an average of -7.6% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 190% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masjid Ul Mumineen Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Association of Cedarbrook Camps ($81k), First Priority of St Louis Metro East ($81k) and Louder Than Words Ministries ($81k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $64k (49% of expenses). At year end it held assets of $1.4m against liabilities of $780, net assets of $1.4m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.