Minnesota Interfaith Coalition On Immigration Icom
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 74,835 | 60,360 | 14,475 | 9.1 | — |
| 2021 | 73,161 | 43,131 | 30,030 | 21.1 | — |
| 2022 | 43,122 | 59,862 | −16,740 | 11.9 | — |
| 2023 | 107,506 | 102,288 | 5,218 | 7.6 | — |
In its most recent public year (2023), this organization brought in $5,218 more than it spent. Its reserves stood at about 7.6 months of spending, down from 9.1 in 2020.
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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