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Islamic Circle of North America

1-6120 Montevideo Road
Missisauga, ON L5N 3W5
Executive Director: Shaukat Hussain
Board Chair: Muhammad Sharif

Charitable Reg. #: 11895 1169 RR0001
Sector: Religion
Operating Charity

Results Reporting

Grade: C

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2013 2014 2015
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Islamic Circle of North America:

Founded in 1970, Islamic Circle of North America’s (ICNA) mission is to “provide immediate response in times of disaster, and to implement programs that alleviate human suffering.” It aims to achieve its mission through its international programs: Orphan Sponsorship (21% of annual program costs), Global Zabiha (13%), Orphanage Construction (6%), Disaster and Emergency Relief (4%), Healthcare (4%), Educational Support (3%), Water for Life (2%), Microfinancing (0.4%), and Women’s Empowerment (0.1%). ICNA also operates domestic programs, which makes up the remaining 46% of program costs, including: Food Banks, Syrian Refugee Sponsorship, Domestic Zakat Programs, Family Counselling, Seniors’ Support, Matrimonial Support, Funeral Support, Foster Parenting, Youth Leadership Development, and a Women’s Shelter.

For ICNA’s international programs in F2016, the Orphan Sponsorship program provided over 2800 orphan children with support in 11 countries. Disaster and Emergency Relief has spent over $213,000 on projects. The Global Zabiha program provided fresh Qurbani meat to 750,000 people in 16 countries, The Healthcare program spent over $211,000 on hospitals, clinic construction, and medical supplies. Educational Support disbursed over $160,000 on projects. Water for Life invested over $90,000 on clean water projects. Finally, the Women’s Empowerment program provided aid to over 100 women in need.

For ICNA’s domestic programs in F2016, 53,000 people have been served through 10 food banks. The Syrian Refugee Sponsorship program brought 93 people into Canada and processed over 100 applications. The Domestic Zakat program provided over $41,000 in financial assistance to 43 families in Canada. The Family Counselling program counselling over 200 families. Funeral Support provided funeral and burial support to 3 needy families. Finally, the Youth Leadership Development Program saw over 80 youth participants.

Financial Review:

Islamic Circle of North America is a big-cap charity with $6.0m in F2015 donations (including $1.5m in goods in kind donations). Its administrative costs are 9% of revenues and its fundraising costs are 1% of donations. For every dollar donated, 90 cents go towards ICNA’s programs, falling within Ci’s reasonable range. The charity has $2.7m in funding reserves, resulting in a program cost coverage ratio of 51%. This means that ICNA can cover 6 months of its annual program costs using its existing reserves, indicating a need for funding.

In F2015, ICNA reported $1.3m in total compensation expenses, however it reports in its F2015 T3010 CRA filing that it does not have any paid full-time or part-time employees.

This charity profile is an update currently under review by Islamic Circle of North America. Changes and edits may be forthcoming.

Updated July 21, 2017 by Kevin Silberberg.

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 9.3%9.1%9.1%
Fundraising costs as % of donations 0.5%0.4%0.5%
Program cost coverage (%) 51.3%41.4%60.0%

Summary Financial Statements

All figures in $000s
Donations 4,4934,4204,351
Goods in kind 1,498780483
Other income 030
Total revenues 5,9905,2044,834
Program costs - International 3,2263,9453,502
Program costs - Canada 2,0891,360905
Administrative costs 556474440
Fundraising costs 231524
Cash flow from operations 95(591)(36)
Funding reserves 2,7272,1942,642
Note: Ci excluded deferred donations received from revenue, affecting revenues by ($3.2m) in F2015, ($2.3m) in F2014, and by ($2.3m) in F2013.