Salem Islamic Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 55,447 | 9,602 | 45,845 | 127.3 | — |
| 2016 | 28,687 | 15,616 | 13,071 | 88.3 | — |
| 2017 | 30,927 | 22,817 | 8,110 | 64.7 | — |
| 2018 | 159,287 | 24,749 | 134,538 | 124.9 | — |
| 2019 | 965,349 | 84,679 | 880,670 | 165.1 | 0% |
| 2020 | 61,164 | 79,911 | −18,747 | 171.5 | 0% |
| 2021 | 110,521 | 82,783 | 27,738 | 169.1 | 0% |
| 2022 | 116,765 | 125,407 | −8,642 | 106.0 | 0% |
| 2023 | 111,678 | 110,280 | 1,398 | 120.3 | 0% |
In its most recent public year (2023), this organization brought in $1,398 more than it spent. Its reserves stood at about 120.3 months of spending, down from 127.3 in 2015. Staff pay was 0% of spending.
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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