Fultoli Jame Masjid & Islamic Institute Ozone Park Inc

Analysis

Fultoli Jame Masjid & Islamic Institute Ozone Park Inc is a registered charity in United States, based in Ozone Park, NY. It received its IRS tax-exemption ruling in March 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 2022, Fultoli Jame Masjid & Islamic Institute Ozone Park Inc reported income of $261k and spending of $97k, leaving 63% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $189k to $261k (+38%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 65%. Over the whole period it spent 39% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fultoli Jame Masjid & Islamic Institute Ozone Park Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Vietnamese Buddhist Association of Detroit-Linh Phong Monastry ($261k), Friends Of@tsfat ($261k) and Shalom Ministries International ($261k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $24k. At year end it held assets of $983k against liabilities of $173k, net assets of $810k. It reported 1 employees.