Twenty Four Karat Club Of The City Of New York
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 251,461 | 78,417 | 173,044 | 82.3 | 51% |
| 2022 | 644,781 | 844,676 | −199,895 | 4.8 | 5% |
| 2023 | 875,458 | 744,770 | 130,688 | 9.0 | 6% |
| 2024 | 910,624 | 834,675 | 75,949 | 9.1 | 4% |
In its most recent public year (2024), this organization brought in $75,949 more than it spent. Its reserves stood at about 9.1 months of spending, down from 82.3 in 2021. Staff pay was 4% 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 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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