Islam Worldwide Inc

Analysis

Islam Worldwide Inc is a registered charity in United States, based in Ozone Park, NY. It received its IRS tax-exemption ruling in January 2022, 4 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, Islam Worldwide Inc reported income of $175k and spending of $187k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $175k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Islam Worldwide Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Bread of Life Distribution Center Inc ($175k), Friends of the Community Service Department Inc ($175k) and Lifebranch Institute International ($175k).

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 $39k against liabilities of $48k, net assets of -$9,413.