Islamic Center Of Puget Sound
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 959,643 | 351,359 | 608,284 | 22.8 | 0% |
| 2021 | 1,972,059 | 958,176 | 1,013,883 | 12.0 | 7% |
| 2022 | 939,882 | 1,669,863 | −729,981 | 1.6 | 0% |
| 2023 | 760,031 | 349,721 | 410,310 | 105.7 | 0% |
In its most recent public year (2023), this organization brought in $410,310 more than it spent. Its reserves stood at about 105.7 months of spending, up from 22.8 in 2020. Staff pay was 0% 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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