Bridgeport Islamic Community Center

Analysis

Bridgeport Islamic Community Center is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in May 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, Bridgeport Islamic Community Center reported income of $761k and spending of $816k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $602k to $761k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bridgeport Islamic Community Center sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Murid Islamic Community of America Inc ($761k), Hope for the World Foundation Inc ($762k) and Hearts on Fire Ministries Inc ($761k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $107k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 1 employees.