Islamic Foundation Of South Florida Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,878,168 | 2,051,527 | 826,641 | 24.8 | 42% |
| 2021 | 3,093,080 | 1,811,109 | 1,281,971 | 36.5 | 45% |
| 2022 | 3,271,406 | 2,034,291 | 1,237,115 | 41.0 | 39% |
| 2023 | 3,192,757 | 2,197,287 | 995,470 | 42.3 | 43% |
In its most recent public year (2023), this organization brought in $995,470 more than it spent. Its reserves stood at about 42.3 months of spending, up from 24.8 in 2020. Staff pay was 43% 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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