Islamic Community Center of Phoenix Inc

Analysis

Islamic Community Center of Phoenix Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1984, 42 years ago. 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, Islamic Community Center of Phoenix Inc reported income of $254k and spending of $282k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $295k to $254k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Islamic Community Center of Phoenix Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within AZ. Charities of a similar size with the same main cause include North Pole Area Housing Assoc Inc ($254k), Mid Atlantic Food Trade Organization Inc ($254k) and PTA California Congress of Parents Teachers and Students Inc ($254k).

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 $30k. At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m. It reported 1 employees.