Metropolitan Inter-Faith Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 16,405,046 | 10,864,247 | 5,540,799 | 27.3 | 34% |
| 2021 | 15,075,448 | 14,778,128 | 297,320 | 24.4 | 27% |
| 2022 | 12,807,946 | 12,555,872 | 252,074 | 26.0 | 32% |
| 2023 | 15,028,303 | 14,750,931 | 277,372 | 23.5 | 30% |
In its most recent public year (2023), this organization brought in $277,372 more than it spent. Its reserves stood at about 23.5 months of spending, down from 27.3 in 2020. Staff pay was 30% of spending. $11,761,148 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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