Texas Islamic Community Center

Analysis

Texas Islamic Community Center is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Texas Islamic Community Center reported income of $229k and spending of $76k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $71k to $229k (+222%), an average of +222% a year. The sharpest change came in the year to December 2022, when income rose by 222%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Islamic Community Center sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include South City Opportunity Revitalization Empowerment ($229k), Stoke for Life Foundation ($229k) and Wisconsin Lions Birch-Sturm Memorial Fund Inc ($229k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $41k (54% of expenses). At year end it held assets of $913k against liabilities of $787k, net assets of $126k. It reported 1 employees.