Tawhid Community Center Endowment Inc

Analysis

Tawhid Community Center Endowment Inc is a registered charity in United States, based in Beaumont, CA. It received its IRS tax-exemption ruling in April 2020, 6 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 2023, Tawhid Community Center Endowment Inc reported income of $225k and spending of $51k, leaving 77% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $935k to $225k (-76%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 14% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tawhid Community Center Endowment Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Asian American Christian Collaborative ($225k), Kansas Interfaith Action Inc ($225k) and Comforters Network Inc ($225k).

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 $2.0m against liabilities of $425k, net assets of $1.6m.