Harlem Commonwealth Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,197,711 | 1,563,928 | −366,217 | 80.1 | 9% |
| 2021 | 1,171,417 | 283,278 | 888,139 | 479.2 | 49% |
| 2022 | 1,255,309 | 521,175 | 734,134 | 277.4 | 72% |
| 2023 | 1,247,682 | 545,275 | 702,407 | 280.5 | 73% |
In its most recent public year (2023), this organization brought in $702,407 more than it spent. Its reserves stood at about 280.5 months of spending, up from 80.1 in 2020. Staff pay was 73% 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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