AlMaghrib Institute Inc operates as a religious educational organization dedicated to empowering the Muslim community through high-quality Islamic learning. The organization reported $2,959,388 in total revenue for the 2023 tax year, primarily driven by $2,104,898 in program service revenue. This indicates a model where students and participants contribute directly to the educational services they receive. The institute maintains a lean operational structure, directing 95.4% of its expenses toward programs. This high ratio ensures that the vast majority of donor and student funds support the core mission of Islamic education. While the organization is established, it faced a recent financial shift as revenue declined by 8% from the previous year. Despite this, the institute remains in a strong liquidity position with 24.2 months of working capital available to sustain its operations. As a zakat-eligible institution, it provides a pathway for donors to support Islamic knowledge through the category of fisabilillah.
Impact assesses organizational indicators associated with effective programs. Alignment reflects fit with Muslim donor priorities.
Best for donors who want to invest in Islamic institutional capacity and value high financial efficiency in religious education.
“AlMaghrib Institute is listed as "Zakat eligible" on the Feeling Blessed donation platform, which also features a Zakat Calculator and information on ensuring donations are used as Zakat. (Source: https://www.feelingblessed.org/almaghrib)”