Elmont Islamic Center Corp

Analysis

Elmont Islamic Center Corp is a registered charity in United States, based in Elmont, NY. It received its IRS tax-exemption ruling in September 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, Elmont Islamic Center Corp reported income of $144k and spending of $93k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $144k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Elmont Islamic Center Corp sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Truth Seekers Fellowship ($144k), Jack Hill Ministries Inc ($144k) and Culturebound ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $480k against liabilities of $113k, net assets of $367k.