Florence Islamic Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 27,367 | 10,925 | 16,442 | 422.1 | — |
| 2020 | 19,829 | 6,879 | 12,950 | 692.9 | — |
| 2021 | 11,677 | 7,828 | 3,849 | 614.8 | — |
| 2022 | 36,970 | 61,531 | −24,561 | 73.4 | — |
In its most recent public year (2022), this organization spent $24,561 more than it brought in. Its reserves stood at about 73.4 months of spending, down from 422.1 in 2019.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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