Islamic Center of Naples Inc

Analysis

Islamic Center of Naples Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in February 2004, 22 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 Center of Naples Inc reported income of $447k and spending of $252k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $447k (+99%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Center of Naples Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Goby International Ministries ($447k), SRC International ($447k) and FDM World Inc ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $46k (18% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 1 employees.