Central Jersey Institute of Islamic Sciences Inc

Analysis

Central Jersey Institute of Islamic Sciences Inc is a registered charity in United States, based in Somerset, NJ. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Jersey Institute of Islamic Sciences Inc reported income of $205k and spending of $223k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $195k to $205k (+4.9%), an average of +4.9% a year. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Central Jersey Institute of Islamic Sciences Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Walking with God Presbyterian Church Inc ($205k), International Leadership Coalition ($205k) and Teamwork Africa Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $46k (21% of expenses). Other salaries and wages came to $8,108. At year end it held assets of $47k against liabilities of $7,310, net assets of $40k. It reported 3 employees.