Denver Islamic Education Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,226,254 | 1,973,502 | 252,752 | 11.5 | 73% |
| 2021 | 3,295,932 | 2,181,722 | 1,114,210 | 15.4 | 70% |
| 2022 | 3,545,456 | 2,922,633 | 622,823 | 16.0 | 68% |
| 2023 | 4,603,774 | 3,779,930 | 823,844 | 9.8 | 68% |
In its most recent public year (2023), this organization brought in $823,844 more than it spent. Its reserves stood at about 9.8 months of spending, down from 11.5 in 2019. Staff pay was 68% 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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