American Imams Academy

Analysis

American Imams Academy is a registered charity in United States, based in Sachse, TX. It received its IRS tax-exemption ruling in September 2017, 9 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, American Imams Academy reported income of $824k and spending of $415k, leaving 50% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $658k to $824k (+25%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 35% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Imams Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Sai Dhyan Mandir ($824k), World Missions Advance Inc ($824k) and St Thomas High School Foundation ($824k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $107k. At year end it held assets of $2.2m against liabilities of $522k, net assets of $1.7m.