The Huda Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,244,064 | 1,081,830 | 162,234 | 9.1 | 74% |
| 2021 | 1,170,379 | 1,036,145 | 134,234 | 11.1 | 77% |
| 2022 | 1,877,525 | 1,256,130 | 621,395 | 15.1 | 70% |
| 2023 | 1,605,766 | 1,400,163 | 205,603 | 15.3 | 72% |
In its most recent public year (2023), this organization brought in $205,603 more than it spent. Its reserves stood at about 15.3 months of spending, up from 9.1 in 2020. Staff pay was 72% 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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