Islamic Society Of Belconnen

Donation Funded iconThis charity receives a significant portion of its funding (specifically, more than 30% of its total revenue) directly from donations and bequests. This indicates that public contributions are a crucial financial lifeline for their mission.Volunteer Powered iconThis charity relies heavily on the incredible dedication of volunteers. It means their operations are significantly powered by volunteer efforts, where the collective contribution of volunteers is either substantial compared to paid staff, or their work is entirely run by volunteers. Your time and skills could make a huge difference here!
Website:
www.isb.org.au
ABN:
69 470 151 821
Location:
Spence, ACT
Charity Size:
SmallSmall charities, those with an annual revenue of under $500,000, are often the unsung heroes, deeply rooted in local communities. Think of your local soup kitchen, the neighbourhood environmental group, or the tiny organisation providing crucial support to families in crisis. These charities punch above their weight, delivering highly personalised services and fostering strong connections.
Charity Type:
Culture and Arts
Registration Status:
Registeredthe charity’s registration is active
Religious Affiliation:
No Religious AffiliationThis category comprises charities that do not have any religious affiliation. They operate independently of specific religious doctrines and focus on their mission based on secular principles
DGR Status:
Not Tax DeductibleThis charity or fund is currently not recognised by the Australian Taxation Office (ATO) as a Deductible Gift Recipient (DGR). Donations made to this entity are generally not tax-deductible for the donor. This status indicates the entity does not hold active DGR endorsement, based on official ABR data.
Principal activities of the society during the financial year ended 30 June 2024 were that the Society represented the Muslim community and promoted the general understanding of Islam by undertaking religious and social activities. This included the five daily prayers, the Friday congregational prayers, Eid and other supererogatory prayers. In addition to prayers, the Society also organised events for the youth including, Islamic lecture, sports and camping events, fundraising, feeding, and sending food baskets to the needy. In addition, we organised Eid ul Fitr and Eid ul Adha celebrations for the community in Canberra. Our community also assisted other Islamic societies in Canberra, such as CIC, ISACT & CMC in delivering various community programs. The increase in the expense of life and the daily use of commodities caused a significant loss in donations to the society. We also spent a large amount of our resources to provide support to the community, especially the most vulnerable members of the community, during these unprecedented difficult times. We impacted religious knowledge for members to gain a better understanding of social relations between members of the Muslim Community via gaining a better understanding of the religion of Islam. We have done this by creating opportunities for the community to engage with each other in social and learning activities. This was achieved through the promotion of mutual respect, forbearance, tolerance of others, being able to unite even in disagreement, this was still the theme for 2024. Hence, we have furthered the development and ability to adapt of the community in 2024. We have succeeded in providing assistance in building of educational infrastructure by creating more space for these activities to occur. These goals have been realised and there still more to come, by the Will of Allah.

Only Active in Australia

Staffing DetailsCharities report the number of full-time, part-time, and casual employees, as well as volunteers, for the last pay period of their reporting year.

MetricCharity ValueThis charity's own reported figure, taken from its most recently lodged Annual Information Statement (AIS) with the ACNC.Average (Small)The average figure across all Australian charities of the same size category (Small, Medium, or Large), based on their most recently lodged Annual Information Statements.
Full Time035
Part Time00
Casual00
Volunteers4027
Full-Time Equivalent (FTE)Full-Time Equivalent (FTE) is a calculation that represents the number of full-time employees a charity would have if you combined the hours of all its part-time and casual staff.11.002.16
FTE to Volunteer RatioThis ratio compares the number of volunteers to the number of paid full-time equivalent staff. A higher percentage indicates a greater reliance on volunteers.364%5057%
Avg Employee Expenses per FTEThis is the average amount of employee-related expenses (like salary and benefits) spent per full-time equivalent staff member.$0$81,231

Related Party TransactionsA transaction between the charity and a person or entity closely connected to the charity, such as a board member, a major donor, or their family members. These must be disclosed to ensure transparency.

Reporting on related party transactions is not required for small charities.

Key Management Personnel (KMP)Key Management Personnel (KMP) are the people who have the authority and responsibility for planning, directing, and controlling the charity's activities. This typically includes board members and senior executives.

Reporting on Key Management Personnel remuneration is only required for large charities.

Most Recent Annual Information Submitted 2023

Lodgement was submitted on time.

Reporting Requirements for a Small Charity (Annual revenue under $500,000)

Small charities must submit an Annual Information Statement (AIS) but are not required to submit a full financial report. This means they do not have to provide a detailed breakdown of assets and liabilities or submit audited financial statements, though they must keep financial records.

CategoryCharity ValueThis charity's own reported figure, taken from its most recently lodged Annual Information Statement (AIS) with the ACNC.Australian Average (Small)The average figure across all Australian charities of the same size category (Small, Medium, or Large), based on their most recently lodged Annual Information Statements.
Net Surplus/DeficitThe difference between a charity's total income and its total expenses for the reporting period. A surplus means income was greater than expenses, while a deficit means expenses were greater than income.$153,611$1,821
Net Assets/LiabilitiesThe value of what a charity owns (assets) minus what it owes (liabilities). This is also known as total equity or net worth, representing the overall financial position.$1,526,101$0
Total RevenueTotal Revenue plus Other Income. It represents the total income before any expenses are deducted.$207,368$79,129
Revenue from GovernmentFunding received from local, state, or federal government bodies, including grants and contracts for services. $0 $12,204
Donations and BequestsIncome received from individuals, foundations, or corporations in the form of gifts, donations, and bequests (gifts left in a will). $207,368 $28,746
Revenue from Goods and ServicesIncome generated from selling goods or providing services that are part of the charity's mission or fundraising activities. $0 $17,922
Revenue from InvestmentsIncome earned from the charity's investments, such as interest from bank accounts, dividends from shares, and rent from property. $0 $7,090
Other RevenueIncome from any other sources that don't fit into the main categories. $0 $7,559
Other IncomeOther non-operating income, such as one-off gains from the sale of assets. $0 $5,607
Total Gross IncomeTotal Revenue plus Other Income. It represents the total income before any expenses are deducted. $207,368 $79,129
Total ExpensesThe total cost incurred by the charity in carrying out its activities, including program, administrative, and fundraising costs.$53,757$77,309
Employee ExpensesAll costs related to paying staff, including salaries and wages, superannuation, and other employee benefits. $0 $19,898
Grants and Donations (Australia)Funds and donations distributed by the charity to other organisations or individuals within Australia to support their work. $0 $14,184
Grants and Donations (Overseas)Funds and donations distributed by the charity to other organisations or individuals outside of Australia for international aid and development. $0 $3,352
Other ExpensesAll other operational expenses not classified elsewhere, such as administration, fundraising, and program-specific costs. $53,757 $39,874
Total AssetsThe total value of everything the charity owns that has monetary value, including cash, investments, buildings, and equipment.$1,751,060$635,756
Total LiabilitiesThe total amount of money and obligations the charity owes to others.$224,959$69,335

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