Resalat Islamic Educational Foundation

Analysis

Resalat Islamic Educational Foundation is a registered charity in United States, based in Canoga Park, CA. It received its IRS tax-exemption ruling in July 1998, 28 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, Resalat Islamic Educational Foundation reported income of $99k and spending of $143k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $153k to $99k (-35%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Resalat Islamic Educational Foundation sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Anna Donahue Ministries ($99k), Heart for Revival Ministries Inc ($99k) and Build His House Inc ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 182% of the total. Other salaries and wages came to $59k. At year end it held assets of $2.1m against liabilities of $1.1m, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.