Indian American Medical Assn Il Charitable Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 173,092 | 134,567 | 38,525 | 72.4 | — |
| 2012 | 214,025 | 165,390 | 48,635 | 62.5 | — |
| 2013 | 181,688 | 128,559 | 53,129 | 85.4 | 0% |
| 2014 | 302,789 | 115,242 | 187,547 | 113.8 | 0% |
| 2015 | 144,378 | 90,412 | 53,966 | 152.2 | 0% |
| 2016 | 111,957 | 99,293 | 12,664 | 140.1 | 0% |
| 2017 | 252,139 | 112,720 | 139,419 | 143.7 | 0% |
| 2018 | 315,907 | 231,000 | 84,907 | 71.2 | 0% |
| 2019 | 351,068 | 218,229 | 132,839 | 86.3 | 41% |
| 2020 | 305,083 | 150,065 | 155,018 | 147.8 | 43% |
| 2021 | 411,889 | 280,824 | 131,065 | 84.0 | 27% |
| 2022 | 178,856 | 198,424 | −19,568 | 96.5 | 55% |
In its most recent public year (2022), this organization spent $19,568 more than it brought in. Its reserves stood at about 96.5 months of spending, up from 72.4 in 2011. Staff pay was 55% 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 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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