Mulsim American Society of Central Jersey Inc

Analysis

Mulsim American Society of Central Jersey Inc is a registered charity in United States, based in N Brunswick, NJ. It received its IRS tax-exemption ruling in June 2022, 4 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, Mulsim American Society of Central Jersey Inc reported income of $661k and spending of $673k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $440k to $661k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mulsim American Society of Central Jersey Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Northwest Ascending Campaign ($661k), Masjid Al-Rasheed Inc ($661k) and Timberlake Ministries Inc ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 23% of the total. At year end it held assets of $989k against liabilities of $944k, net assets of $45k.