Muna Center of Paterson Inc

Analysis

Muna Center of Paterson Inc is a registered charity in United States, based in Paterson, NJ. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Muna Center of Paterson Inc reported income of $147k and spending of $96k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $164k to $147k (-9.9%), an average of -9.9% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Muna Center of Paterson Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include Chinese Family Ministry ($147k), Veda Sivagama Inc ($147k) and First Presbyterian Church Foundation of Bartlesville Oklahom ($147k).

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 $128k against liabilities of $3,248, net assets of $124k.