Salaam Cultural Center

Analysis

Salaam Cultural Center is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Salaam Cultural Center reported income of $599k and spending of $566k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $599k (+86%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 105%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Salaam Cultural Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Kings Daughters Elderly Housing Corporation ($599k), Water Is Life Kenya Inc ($599k) and Towson Presbyterian Kindergarten Inc ($599k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $20k (3.5% of expenses). At year end it held assets of $185k against liabilities of -$45k, net assets of $230k. It reported 1 employees.