Muslim Volunteers for New York

Analysis

Muslim Volunteers for New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Muslim Volunteers for New York reported income of $64k and spending of $66k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $64k (+59%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Muslim Volunteers for New York sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Aspirekids ($64k), Cottage Health Foundation ($64k) and Friends of Carlisle Council on Aging Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $7,983 against liabilities of $21, net assets of $7,962.