Carteret Islamic Center Inc is located in Carteret, NJ. The organization was established in 2009. According to its NTEE Classification (X40) the organization is classified as: Islam, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carteret Islamic Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2017, Carteret Islamic Center Inc generated $199.4k in total revenue. All expenses for the organization totaled $33.2k during the year ending 12/2017. While expenses have increased by 19.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
ORGANIZED 5 TIME PRAYER, ARRANGE AND HOSTED TRAVEEH PRAYER IN THE MONTH RAMDHAN, MANAGED AND ORGANIZED ANNUL EID PRAYERS
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $199,386 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,386 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $24,144 |
| Printing, publications, postage, and shipping | $957 |
| Other expenses | $7,670 |
| Total expenses | $33,221 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,011 |
| Other assets | $0 |
| Total assets | $457,179 |
| Total liabilities | $0 |
| Net assets or fund balances | $457,179 |