Muslim Community Center of New York City Inc
Analysis
Muslim Community Center of New York City Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2019, 7 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 2022, Muslim Community Center of New York City Inc reported income of $1.7m and spending of $1.7m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $320k to $1.7m (+432%), an average of +74% a year. The sharpest change came in the year to December 2020, when income rose by 198%. Over the whole period it spent 87% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Muslim Community Center of New York City Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Joyce Robinson Foundation Inc ($1.7m), Center of Theological Inquiry ($1.7m) and The Sixth Baptist Church ($1.7m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $25k. At year end it held assets of $677k against liabilities of $150k, net assets of $527k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Joyce Robinson Foundation Inc | Florence | $1.7m |
| Center of Theological Inquiry | Princeton | $1.7m |
| The Sixth Baptist Church | New Orleans | $1.7m |
| Episcopal Charities of the Diocese of New York | New York | $1.7m |