Islamic University Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 218,979 | 182,171 | 36,808 | 29.5 | 30% |
| 2012 | 335,439 | 153,308 | 182,131 | 50.4 | 16% |
| 2013 | 461,618 | 401,127 | 60,491 | 16.4 | 11% |
| 2014 | 348,356 | 243,100 | 105,256 | 32.3 | 29% |
| 2015 | 409,559 | 102,781 | 306,778 | 112.2 | 23% |
| 2016 | 293,042 | 532,971 | −239,929 | 16.2 | 5% |
| 2017 | 74,811 | 95,209 | −20,398 | 88.3 | 25% |
| 2018 | 127,165 | 103,781 | 23,384 | 83.7 | 23% |
| 2019 | 195,870 | 110,032 | 85,838 | 88.3 | 22% |
| 2020 | 26,372 | 107,831 | −81,459 | 81.1 | 28% |
| 2021 | 78,168 | 113,417 | −35,249 | 73.3 | 26% |
| 2022 | 154,300 | 131,556 | 22,744 | 65.3 | 23% |
| 2023 | 185,596 | 145,474 | 40,122 | 62.4 | 8% |
In its most recent public year (2023), this organization brought in $40,122 more than it spent. Its reserves stood at about 62.4 months of spending, up from 29.5 in 2011. Staff pay was 8% 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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