Nonprofit · EIN 46-1346838
IQRA INSTITUTE
Tax-exempt (reinstated) · NORRISTOWN, PA 19403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $519,983 | $547,141 | -$27,158 | $5,530 | $0 | $5,530 |
| December 31, 2023 | 990 | $602,562 | $577,081 | $25,481 | $32,688 | $0 | $32,688 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $48,753
- Program service revenue
- $471,230
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $263,146
- Salaries, compensation and benefits (total)
- $265,110
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $32,688
- Total assets, end of year
- $5,530
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,530
- Gross receipts
- $519,983
- Employees
- 8
- Year formed
- 2016
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILAL BAQAI | PRESIDENT Trustee or director, Officer | 12 | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILAL BAQAI | PRESIDENT Trustee or director, Officer | 12 | $0 |
Address and contacts
- Address (IRS master file)
- 2550 EISENHOWER AVE STE B-205, NORRISTOWN, PA 19403-2330
- Mailing address (990-N for 2018)
- 3 FIELDCREST DR, COLLEGEVILLE PA 19426
- Principal officer (990 for 2024)
- BILAL BAQAI, 3 FIELDCREST DR, COLLEGEVILLE, PA 19426
- Principal officer (990-N for 2018)
- BILAL AHMAD BAQAI, 3 FIELDCREST DR, COLLEGEVILLE PA 19426
- Signed the 990
- BILAL BAQAI, PRESIDENT
- Phone
- (484) 369-9636
- Website
- WWW.IQRAAINSTITUTE.ORG
- Return prepared by
- Penn Accounting CPA Inc
Mission
We strive to encapsulate these three words in everything we do. Everything from sports to after school programs to sisters programs, we like to serve each segment of our community
Program accomplishments
- SCHOOL PROGRAM FOR ISLAMIC STUDIES
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-1346838
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X40)
- Assets (IRS master file)
- $5,530
- Income (IRS master file)
- $519,983
Revocation and reinstatement
- Exemption revoked
- May 15, 2015
- Posted by the IRS
- October 22, 2016
- Reinstated
- Effective May 15, 2015
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $519,983 | $547,141 | $5,530 | XML |
| 990 | December 2023 | $602,562 | $577,081 | $32,688 | XML |
| 990 | December 2022 | $457,479 | $464,576 | $7,207 | IRS |
| 990 | December 2021 | $390,317 | $394,658 | $14,304 | IRS |
| 990 | December 2020 | $316,714 | $300,896 | $18,645 | IRS |
| 990-N for 2018 Officer: BILAL AHMAD BAQAI | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-1346838).
Questions about IQRA INSTITUTE
- What is the EIN of IQRA INSTITUTE?
- The employer identification number (EIN) of IQRA INSTITUTE is 46-1346838.
- Is IQRA INSTITUTE tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2015 and reinstated it effective May 15, 2015.
- Are donations to IQRA INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IQRA INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of IQRA INSTITUTE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IQRA INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of IQRA INSTITUTE?
- The 990 for the year ended December 31, 2024 names BILAL BAQAI.
- Who are the officers and directors of IQRA INSTITUTE?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does IQRA INSTITUTE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $519,983, expenses of $547,141 and total assets of $5,530 at year end.
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