Icelandic Communities Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 51,246 | 40,707 | 10,539 | 12.2 | — |
| 2014 | 58,755 | 57,618 | 1,137 | 8.8 | — |
| 2015 | 67,562 | 56,460 | 11,102 | 11.1 | — |
| 2016 | 61,732 | 68,748 | −7,016 | 7.9 | — |
| 2017 | 105,040 | 90,229 | 14,811 | 8.0 | — |
| 2018 | 35,867 | 53,962 | −18,095 | 9.7 | — |
| 2019 | 42,026 | 40,023 | 2,003 | 13.7 | — |
| 2020 | 19,340 | 16,092 | 3,248 | 36.4 | — |
| 2021 | 26,409 | 8,859 | 17,550 | 89.9 | — |
| 2022 | 21,234 | 13,175 | 8,059 | 67.8 | — |
| 2023 | 29,073 | 18,895 | 10,178 | 54.5 | — |
In its most recent public year (2023), this organization brought in $10,178 more than it spent. Its reserves stood at about 54.5 months of spending, up from 12.2 in 2013.
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
Icelandic Communities Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works