West Michigan Islamic Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 42,170 | 25,221 | 16,949 | 110.7 | — |
| 2021 | 40,775 | 61,717 | −20,942 | 41.2 | — |
| 2022 | 39,210 | 29,770 | 9,440 | 89.2 | — |
| 2023 | 43,999 | 52,844 | −8,845 | 48.2 | — |
In its most recent public year (2023), this organization spent $8,845 more than it brought in. Its reserves stood at about 48.2 months of spending, down from 110.7 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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