Islamic Center of Live Oak California

Analysis

Islamic Center of Live Oak California is a registered charity in United States, based in Live Oak, CA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. 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 Live Oak California reported income of $80k and spending of $62k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $80k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Islamic Center of Live Oak California sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Lambda State Foundation for Educational Studies Inc ($80k), Virginia Congress of Parents and Teachers ($80k) and American Friends of Yeshivat Nahlat-David Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 54% of the total. At year end it held assets of $406k against liabilities of $0, net assets of $406k.