Islamic Education Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 809,853 | 938,235 | −128,382 | 11.0 | 25% |
| 2012 | 666,926 | 808,729 | −141,803 | 10.7 | 43% |
| 2013 | 541,719 | 552,508 | −10,789 | 15.4 | 39% |
| 2014 | 561,465 | 533,134 | 28,331 | 16.6 | 39% |
| 2015 | 496,411 | 501,533 | −5,122 | 17.5 | 40% |
| 2016 | 560,014 | 739,218 | −179,204 | 9.0 | 28% |
| 2017 | 370,968 | 549,055 | −178,087 | 7.9 | 36% |
| 2018 | 540,880 | 497,477 | 43,403 | 9.8 | 45% |
| 2019 | 459,603 | 474,942 | −15,339 | 9.9 | 43% |
| 2020 | 415,316 | 407,865 | 7,451 | 11.7 | 39% |
| 2021 | 731,011 | 535,830 | 195,181 | 13.3 | 66% |
| 2022 | 604,478 | 563,740 | 40,738 | 13.5 | 60% |
| 2023 | 503,571 | 528,441 | −24,870 | 13.8 | 59% |
In its most recent public year (2023), this organization spent $24,870 more than it brought in. Its reserves stood at about 13.8 months of spending, up from 11 in 2011. Staff pay was 59% of spending. $29,435 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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