North America Shatibi Quran Competition

Analysis

North America Shatibi Quran Competition is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, North America Shatibi Quran Competition reported income of $471k and spending of $460k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $396k to $471k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, North America Shatibi Quran Competition sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Think Missions ($471k), Spark Ministry ($471k) and Misioneros Servidores de LA Palabra ($471k).

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 $12k against liabilities of $0, net assets of $12k.