2021 Financial Reports
Interactive summaries of ICSP’s 2021 income, sadaqah, and expenses — a transition year as programs and operations adjusted from pandemic disruption toward normal activity.
Income Breakdown (2021)
Primary sources include general donations, quran school support, sadaqah (including zakat al-fitr), cemetery fees, Eid donations, and summer camp income.
- Sadaqah and zakat are restricted for charitable aid and are not used for operations.
- Quran school income supports teachers, curriculum, and student resources.
- Some smaller items (e.g., cemetery, summer camp, Eid) are seasonal or one-time and may vary year to year.
Definitions
Quran school: Tuition and donations supporting instruction and classroom needs.
Sadaqah / Zakat al-fitr: Charity funds collected for those in need, especially around Ramadan.
Total Expenses (2021)
Spending covers quran school (teachers and supplies), operations (payroll, insurance, utilities), maintenance & janitorial, repairs, and community programs like Eid and guest speakers, plus modest construction and administrative needs.
- No board members are paid. Payroll covers staff required to operate the center.
- Sadaqah line items reflect funds disbursed to families in need (pass-through charity).
- Repairs and maintenance reflect facility needs as programs resumed; timing can make a single year look higher.
Program-Focused Spending (2021)
Program areas show how resources reached the community: quran school, sadaqah, events (Eid, guest speakers, da‘wah), maintenance & janitorial, operations (insurance + payroll + utilities), and education/seminars.
- Operations groups essential ongoing costs and does not include capital projects.
- Sadaqah appears here only when disbursed, not when collected.
- Events & education were intentionally modest as in-person activity ramped back up.
Income vs. Expenses (2021)
A year-end comparison of total inflows and outflows during a recovery year. Small gaps often reflect the timing of repairs, insurance renewals, and the gradual return of programs after pandemic restrictions.
- A deficit does not imply misuse; it can reflect planned maintenance or timing differences between income and expenses.
- Restricted funds (sadaqah/zakat) are used strictly per donor intent and not to cover operating costs.
Historical Trend (2015–2021)
Year-over-year totals for income, expenses, and net income provide context for the pandemic period and the gradual resumption of programs.
- Variations can be driven by timing of large bills or one-time repairs and by seasonal giving around Ramadan.
- Comparisons across years should consider COVID-related program changes and gradual normalization in 2021.
Notes: Figures reflect ICSP accounting records for calendar year 2021. Minor rounding may occur. For questions or documentation review, please contact the ICSP finance team.