Al-Arqam Islamic School

Analysis

Al-Arqam Islamic School is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Al-Arqam Islamic School reported income of $4.2m and spending of $3.3m, leaving 21% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.8m to $4.2m (+48%), an average of +10% a year. The sharpest change came in the year to July 2023, when income rose by 52%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Al-Arqam Islamic School 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 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Howard Garder Community Charter School ($4.2m), Beacon Academy Charter School ($4.2m) and Valley Senior Living ($4.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.4% and program service revenue 94% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $2.6m against liabilities of $125k, net assets of $2.5m. It reported 85 employees.