Islamska Zajednica Bosnjaka Sjeverne Amerike

Analysis

Islamska Zajednica Bosnjaka Sjeverne Amerike is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2016, 10 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Islamska Zajednica Bosnjaka Sjeverne Amerike reported income of $4.5m and spending of $4.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $4.5m (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Islamska Zajednica Bosnjaka Sjeverne Amerike sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include St Andrews Childrens Clinic Inc ($4.5m), Concho Valley Regional Food Bank of Texas Inc ($4.5m) and R I H Orthopaedic Foundation Inc ($4.5m).

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 $100k (2.3% of expenses). At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.