Islamic Center of New Rochelle

Analysis

Islamic Center of New Rochelle is a registered charity in United States, based in New Rochelle, NY. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Islamic Center of New Rochelle reported income of $162k and spending of $130k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $162k (+46%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Islamic Center of New Rochelle sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Media Jumpstart Inc ($162k), King Kids Minnesota Inc ($162k) and Rva Light Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $793k against liabilities of $0, net assets of $793k.