Masjid Al Wadood Inc

Analysis

Masjid Al Wadood Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in July 2022, 4 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, Masjid Al Wadood Inc reported income of $722k and spending of $808k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $696k to $722k (+3.8%), an average of +3.8% a year. Over the whole period it spent 57% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masjid Al Wadood Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Lambscroft Ministries ($722k), Indigenous Ceremonial and Religious Services Organization ($722k) and Mother of Mercy Foundation Inc ($721k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.