Italian Senior Citizens Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 726,668 | 716,749 | 9,919 | 0.4 | 36% |
| 2021 | 644,368 | 642,112 | 2,256 | 0.5 | 46% |
| 2022 | 793,734 | 767,277 | 26,457 | 0.8 | 42% |
| 2023 | 912,559 | 903,651 | 8,908 | 0.8 | 38% |
In its most recent public year (2023), this organization brought in $8,908 more than it spent. Its reserves stood at about 0.8 months of spending. Staff pay was 38% 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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