Islamic Center of Wilson Inc

Analysis

Islamic Center of Wilson Inc is a registered charity in United States, based in Wilson, NC. It received its IRS tax-exemption ruling in August 2017, 9 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, Islamic Center of Wilson Inc reported income of $54k and spending of $55k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $67k to $54k (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Center of Wilson Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include Resonance ($54k), Amator Institute Inc ($54k) and Missionaries of the Liturgy ($54k).

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 $24k (44% of expenses). At year end it held assets of $389k against liabilities of $0, net assets of $389k.