Quran Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 101,809 | 43,137 | 58,672 | 26.6 | — |
| 2022 | 730,427 | 165,264 | 565,163 | 48.0 | 0% |
| 2023 | 766,803 | 183,228 | 583,575 | 81.5 | 0% |
In its most recent public year (2023), this organization brought in $583,575 more than it spent. Its reserves stood at about 81.5 months of spending, up from 26.6 in 2021. 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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