India Cultural Association Of Central Jersey
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,826 | 28,645 | −10,819 | 86.5 | — |
| 2021 | 16,736 | 31,643 | −14,907 | 72.7 | — |
| 2022 | 67,140 | 63,226 | 3,914 | 37.1 | — |
| 2023 | 69,023 | 97,183 | −28,160 | 20.7 | — |
In its most recent public year (2023), this organization spent $28,160 more than it brought in. Its reserves stood at about 20.7 months of spending, down from 86.5 in 2020.
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 2023. 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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