Foundation for Islamic Scholarship and Teaching

Analysis

Foundation for Islamic Scholarship and Teaching is a registered charity in United States, based in Pleasanton, CA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2020, Foundation for Islamic Scholarship and Teaching reported income of $207k and spending of $81k, leaving 61% of income unspent that year. Across the 2 years on record, from November 2019 to November 2020, income grew from $143k to $207k (+45%), an average of +45% a year. The sharpest change came in the year to November 2020, when income rose by 45%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Islamic Scholarship and Teaching 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 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Del Val Sports Booster Club ($207k), Music in Me Foundation International ($207k) and Falcon Football Boosters ($207k).

On its Form 990 for the period ending November 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.