Islamic Center Of Wallingford
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 144,287 | 78,452 | 65,835 | 51.0 | — |
| 2020 | 48,796 | 27,422 | 21,374 | 158.0 | — |
| 2021 | 74,935 | 41,821 | 33,114 | 116.6 | — |
In its most recent public year (2021), this organization brought in $33,114 more than it spent. Its reserves stood at about 116.6 months of spending, up from 51 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 2021. 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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