Muslim Outreach and Volunteer Enterprise Inc

Analysis

Muslim Outreach and Volunteer Enterprise Inc is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Outreach and Volunteer Enterprise Inc reported income of $261k and spending of $161k, leaving 38% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $225k to $261k (+16%), an average of +5.1% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Muslim Outreach and Volunteer Enterprise 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 59th percentile, and in the 57th percentile within AZ. Charities of a similar size with the same main cause include Keep Ohio Beautiful Inc ($261k), Old Town Commercial Association ($261k) and Startupaz Foundation ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $423k against liabilities of $1,595, net assets of $421k.