Lieutenants Benevolent Association Of The City Of New York
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,500,997 | 2,248,315 | 252,682 | 15.0 | 31% |
| 2021 | 2,290,721 | 2,457,961 | −167,240 | 13.3 | 37% |
| 2022 | 2,329,757 | 2,331,466 | −1,709 | 12.9 | 36% |
| 2023 | 2,443,788 | 2,405,086 | 38,702 | 13.0 | 34% |
In its most recent public year (2023), this organization brought in $38,702 more than it spent. Its reserves stood at about 13 months of spending, down from 15 in 2020. Staff pay was 34% of spending. $627,112 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 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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