Immigrants Assistance Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 779,481 | 563,173 | 216,308 | 9.4 | 60% |
| 2021 | 1,071,934 | 1,004,790 | 67,144 | 6.0 | 44% |
| 2022 | 927,676 | 1,083,180 | −155,504 | 3.9 | 63% |
| 2023 | 999,392 | 993,040 | 6,352 | 4.3 | 62% |
In its most recent public year (2023), this organization brought in $6,352 more than it spent. Its reserves stood at about 4.3 months of spending, down from 9.4 in 2020. Staff pay was 62% of spending. $67,982 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 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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