Hikmah Education Center

Analysis

Hikmah Education Center is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hikmah Education Center reported income of $267k and spending of $275k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $41k to $267k (+556%), an average of +156% a year. The sharpest change came in the year to December 2022, when income rose by 436%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hikmah Education Center sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include McMillians First Steps Child Care ($267k), Sheridan Foster Parent Exchange ($267k) and Food for Our Children Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $8,290 against liabilities of $0, net assets of $8,290.