Maqasid Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 65,003 | 56,219 | 8,784 | 1.7 | — |
| 2018 | 160,009 | 172,343 | −12,334 | 0.0 | — |
| 2019 | 140,015 | 139,564 | 451 | 0.0 | — |
| 2020 | 140,428 | 148,380 | −7,952 | 4.4 | — |
| 2021 | 196,801 | 225,413 | −28,612 | 1.4 | — |
| 2022 | 260,313 | 249,396 | 10,917 | 1.9 | 54% |
| 2023 | 260,496 | 272,828 | −12,332 | 1.2 | 59% |
In its most recent public year (2023), this organization spent $12,332 more than it brought in. Its reserves stood at about 1.2 months of spending. Staff pay was 59% 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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