DMV Oromo Islamic Center

Analysis

DMV Oromo Islamic Center is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in August 2020, 6 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 2023, DMV Oromo Islamic Center reported income of $50k and spending of $7,938, leaving 84% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $50k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 8.9% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, DMV Oromo Islamic Center sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within MD. Charities of a similar size with the same main cause include American Devanand Yoga Center Inc ($50k), Beit Shlomo Inc ($50k) and Vedics Foundation ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.