Reach Out And Read Of Greater New York Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,280,095 | 1,230,825 | 49,270 | 7.0 | 22% |
| 2013 | 1,110,648 | 984,092 | 126,556 | 10.3 | 11% |
| 2014 | 1,529,461 | 1,688,461 | −159,000 | 4.9 | 7% |
| 2015 | 1,777,656 | 1,901,483 | −123,827 | 3.6 | 18% |
| 2016 | 1,880,716 | 1,958,356 | −77,640 | 2.9 | 16% |
| 2017 | 1,936,916 | 1,908,079 | 28,837 | 3.2 | 15% |
| 2018 | 1,291,445 | 1,145,966 | 145,479 | 6.9 | 26% |
| 2019 | 931,746 | 1,090,913 | −159,167 | 5.5 | 29% |
| 2020 | 967,402 | 1,062,656 | −95,254 | 4.6 | 30% |
| 2021 | 978,302 | 906,628 | 71,674 | 6.4 | 40% |
| 2022 | 1,407,811 | 1,152,378 | 255,433 | 7.6 | 37% |
| 2023 | 1,758,637 | 1,719,077 | 39,560 | 5.4 | 30% |
In its most recent public year (2023), this organization brought in $39,560 more than it spent. Its reserves stood at about 5.4 months of spending, down from 7 in 2012. Staff pay was 30% of spending. $122,500 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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