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Michigan · Nonprofit

IJARA COMMUNITY DEVELOPMENT CORPORATION

IJARA COMMUNITY DEVELOPMENT CORPORATION (Michigan) receives grants from 2 organizations whose IRS filings report $73,104 to it, the largest being NOOR MUNSHI FOUNDATION ($73,000). 2 of them have funded it in more than one year.

Revenue FY2023
$253k
Funders on record
2
Grants received
$73k
Net assets
$-10561
2/2 repeat funderspeak grant-dependency 30%
01What it does

What Ijara Community Development Corporation does

Mission

The mission of the ijara sharia homeowner learning institute (ishli) is to address the issues of homeownership that islamic families encounter. Ishli accomplishes its mission through the implementation of educational forums, sharia financial counseling, ijara home purchase program and ijara sharia mortgage education. These programs address the needs of sharia compliant financially underserved islamic communities, economically challenged persons and communities and other communities that fall under the charitable purposes for which ijara is established and authorized to serve.

As stated on its FY2023 Form 990.

Programs

  1. Ijara educational forum all ijara members attend an educational forum, which introduces them to ijara programs and services and provides important information about real estate, housing, and the purchase process. After successfully attending the educational forum, members move on to the programs listed below as a member's need is assessed and determined by ijara.

    $48,383 spent$2,724 earned by the program
    20% of program spending
  2. Ijara finanacial counseling one-on-one counseling. Every ijara member has his or her own mortgage consultant to work with through the home purchase and mortgage process. The mortgage consultant will work with a member for as long as it takes to qualify for a mortgage, locate and purchase a home. Financial counseling. The mortgage consultant will work with the ijara member to develop a realistic financial analysis that determines an affordable purchase price while maintaining a comfortable standard of living. Credit resolution. The mortgage consultant will work with member to resolve any credit issues. This may involve correcting mistakes made by the credit bureaus and reporting companies. The mortgage consultant also addresses payment history problems and can assist you in developing and implementing a plan to re-establish and improve your credit. For some members, this may take a period of time. Ijara qualification (I.e. Mortgage qualification). After developing a realistic financial analysis, resolving credit issues, demonstrating sufficient savings, and obtaining the documents necessary to be approved, a member can be ijara qualified. The mortgage consultant will determine the…

    $116,578 spent$250,197 earned by the program
    49% of program spending
  3. Ijara home purchase program purchase workshop. Ijara will provide information on the home purchase process, including valuable information regarding real estate. An ijara buyer's broker/agent ("buyer's agent") or ijara referral agent can assist in the housing search. House hunting. Working with a buyer's agent or another agent referred to a member by ijara can help find the home and negotiate the best possible terms in the purchase and sale agreement. Property evaluation. Once a home is selected, it must be inspected. Ijara reviews the home inspection to determine if the home meets ijara's criteria or needs additional work. Ijara may require that repairs or renovations be made.

  4. Other program expenses for overall operations.

    $74,848 spentof which $14,677 as grants
    31% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $239,809.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($97k) Expenses 100 ($99k) Net assets 0 ($-325)2019 Revenue 211 ($205k) Expenses 223 ($222k) Net assets -1 ($-793)2020 Revenue 222 ($217k) Expenses 197 ($196k) Net assets 100 ($65k)2021 Revenue 235 ($229k) Expenses 246 ($244k) Net assets 79 ($52k)2022 Revenue 287 ($279k) Expenses 310 ($308k) Net assets 33 ($21k)2023 Revenue 260 ($253k) Expenses 286 ($284k) Net assets -16 ($-10561)
201820192020202120222023
Revenue (260)Expenses (286)Net assets (-16)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $18k to $82k (+360%).

$18k
$82k
$145k
$120k
$89k
$95k
201820192020202120222023
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
ContributionsProgram revenueInvestmentOther

0% of IJARA COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 6 reported years ran a deficit.

−$2k
’18
−$16k
’19
$20k
’20
−$15k
’21
−$29k
’22
−$31k
’23
1.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20192020202120222023
Listed33333
Joined·+0+0+0+0
No longer listed·0000
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income fell $29k → $29.

Funder
'18
'19
'20
'21
'22
'23
total
funders
1
1
2
1
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of IJARA COMMUNITY DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

IJARA COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

IJARA COMMUNITY DEVELOPMENT CORPORATION draws 100% of its grant income from funders outside Michigan, across 1 state in all.

TX

In-state vs out-of-state, by year

’18
’19
’20
Michigan out of state home

Funder states come from each funder’s own filing. $104 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

IJARA COMMUNITY DEVELOPMENT CORPORATION has grown faster than three-quarters of the 11,535 community improvement nonprofits its size.

Operating margin−12% · bottom quartile
Months of reserve1.0mo · bottom quartile
Revenue growth (annualized)21% · top quartile

this organization peer median middle 50% of peers· 11,535 community improvement nonprofits $100k–$1M, FY2023

Organizations like IJARA COMMUNITY DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

3
board members
33%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for IJARA COMMUNITY DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds IJARA COMMUNITY DEVELOPMENT CORPORATION?
IJARA COMMUNITY DEVELOPMENT CORPORATION (Michigan) receives grants from 2 organizations whose IRS filings report $73,104 to it, the largest being NOOR MUNSHI FOUNDATION ($73,000). 2 of them have funded it in more than one year.
How many funders does IJARA COMMUNITY DEVELOPMENT CORPORATION have?
IRS filings report 2 organizations giving $73,104 in grants to IJARA COMMUNITY DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
Who is the largest funder of IJARA COMMUNITY DEVELOPMENT CORPORATION?
NOOR MUNSHI FOUNDATION is the largest funder on record, with $73,000 in grants. The full list of funders is on this page.
How can an organization like IJARA COMMUNITY DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2018–2023), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing