Islamic Center of Southern California
Analysis
Islamic Center of Southern California is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 1968, 58 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, Islamic Center of Southern California reported income of $2.1m and spending of $1.9m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $2.1m (-15%), an average of -3.8% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 91% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Islamic Center of Southern California sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Fundamental Baptist World-Wide Mission Inc ($2.1m), Work Options for Women ($2.1m) and North America Shirdi Sai Temple of Atlanta Inc ($2.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $141k (7.3% of expenses). At year end it held assets of $3.4m against liabilities of $594k, net assets of $2.8m. It reported 27 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.1%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fundamental Baptist World-Wide Mission Inc | Memphis | $2.1m |
| Work Options for Women | Denver | $2.1m |
| North America Shirdi Sai Temple of Atlanta Inc | Suwanee | $2.1m |
| In Grace Ministries Inc | Lake Zurich | $2.1m |