Ruqya Services Inc

Analysis

Ruqya Services Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2021, 5 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, Ruqya Services Inc reported income of $82k and spending of $4,651, leaving 94% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $35k to $82k (+134%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 134%. Over the whole period it spent 11% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ruqya Services Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Great Commission Ministries Inc ($82k), International Congress of Churches and Ministers ($82k) and Mount Zion Voice of Deliverance Church Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.