Westchester Square Islamic Cultural Center Inc

Analysis

Westchester Square Islamic Cultural Center Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Westchester Square Islamic Cultural Center Inc reported income of $326k and spending of $117k, leaving 64% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $280k to $326k (+16%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 55% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Westchester Square Islamic Cultural Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Camp Dovewood Inc ($326k), Verbum Spei ($326k) and KCS Minstries ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $42k. At year end it held assets of $932k against liabilities of $543k, net assets of $389k. It reported 1 employees.