Purchase Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 589,467 | 1,324,034 | −734,567 | 7.7 | 50% |
| 2021 | 1,907,553 | 1,648,264 | 259,289 | 8.1 | 49% |
| 2022 | 2,574,075 | 1,915,855 | 658,220 | 11.0 | 45% |
| 2023 | 2,082,303 | 1,965,565 | 116,738 | 11.4 | 13% |
In its most recent public year (2023), this organization brought in $116,738 more than it spent. Its reserves stood at about 11.4 months of spending, up from 7.7 in 2020. Staff pay was 13% 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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