Federation Of Italian American Org Of Brooklyn Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 5,555,065 | 1,803,107 | 3,751,958 | 46.6 | 71% |
| 2013 | 4,599,239 | 1,339,513 | 3,259,726 | 91.9 | 66% |
| 2014 | 4,755,887 | 1,604,593 | 3,151,294 | 102.1 | 73% |
| 2015 | 5,104,857 | 2,728,780 | 2,376,077 | 70.5 | 78% |
| 2016 | 3,658,030 | 3,414,540 | 243,490 | 57.2 | 76% |
| 2017 | 4,103,871 | 3,625,577 | 478,294 | 55.4 | 75% |
| 2018 | 4,812,545 | 4,405,498 | 407,047 | 46.7 | 71% |
| 2019 | 5,911,608 | 5,595,325 | 316,283 | 37.3 | 65% |
| 2020 | 4,694,771 | 5,340,428 | −645,657 | 37.8 | 64% |
| 2021 | 4,705,757 | 5,073,251 | −367,494 | 38.9 | 64% |
| 2022 | 6,779,370 | 6,197,722 | 581,648 | 33.0 | 64% |
| 2023 | 8,013,600 | 7,408,488 | 605,112 | 28.6 | 69% |
| 2024 | 8,122,201 | 8,074,021 | 48,180 | 26.1 | 69% |
In its most recent public year (2024), this organization brought in $48,180 more than it spent. Its reserves stood at about 26.1 months of spending, down from 46.6 in 2012. Staff pay was 69% of spending. $13,238,225 of its net assets are donor-restricted.
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 2024. 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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