The Islamic Center of Washington

Analysis

The Islamic Center of Washington is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 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, The Islamic Center of Washington reported income of $532k and spending of $280k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $532k (+207%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 122%. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Islamic Center of Washington sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within WA. Charities of a similar size with the same main cause include Good News to the Nations Inc ($532k), Idaho Regular Baptist Bible Camp Inc ($532k) and A Storehouse for Jesus ($532k).

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 $55k (20% of expenses). At year end it held assets of $942k against liabilities of $2,970, net assets of $939k. It reported 5 employees.