Islamic Association of Arabi

Analysis

Islamic Association of Arabi is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in December 1992, 34 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 2023, Islamic Association of Arabi reported income of $2.4m and spending of $1.8m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.4m (+112%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Association of Arabi sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Spitzer-Magis Center ($2.4m), Shalom Media USA Inc ($2.4m) and Christian Televison of Palm Beach County Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $8.8m against liabilities of $3.0m, net assets of $5.9m.