Islamic School of Grand Rapids

Analysis

Islamic School of Grand Rapids is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Islamic School of Grand Rapids reported income of $309k and spending of $260k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $309k (+213%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Islamic School of Grand Rapids sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MI. Charities of a similar size with the same main cause include Kevin M Eidt Scholarship Fund ($309k), Pomegranate Schools ($309k) and Village Book Builders Inc ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 70% of the total. Other salaries and wages came to $195k. At year end it held assets of $107k against liabilities of $0, net assets of $107k. It reported 8 employees.