Council Of Islamic Organizations Of Greater Chicago
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,149,970 | 726,046 | 423,924 | 20.6 | 29% |
| 2020 | 2,114,452 | 1,999,467 | 114,985 | 8.1 | 15% |
| 2021 | 2,410,095 | 2,050,548 | 359,547 | 9.4 | 20% |
| 2022 | 1,677,132 | 1,374,334 | 302,798 | 16.7 | 31% |
In its most recent public year (2022), this organization brought in $302,798 more than it spent. Its reserves stood at about 16.7 months of spending, down from 20.6 in 2019. Staff pay was 31% of spending. $1,621,736 of its net assets are donor-restricted.
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 2022. 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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