Barkaat-Ul-Quran Center

Analysis

Barkaat-Ul-Quran Center is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in April 1997, 29 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, Barkaat-Ul-Quran Center reported income of $270k and spending of $233k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $284k to $270k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 63% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Barkaat-Ul-Quran Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Cottrell Ministries ($270k), Canticle Inc ($270k) and Tpim Inc ($270k).

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 $51k. At year end it held assets of $1.6m against liabilities of $1,062, net assets of $1.6m. It reported 1 employees.