New York Life And Health & Life Benefit Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 11,280,326 | 8,310,535 | 2,969,791 | 325.0 | 0% |
| 2011 | 14,467,199 | 15,493,995 | −1,026,796 | 171.8 | 0% |
| 2012 | 7,104,434 | 7,984,705 | −880,271 | 362.1 | 0% |
| 2013 | 7,036,743 | 8,681,170 | −1,644,427 | 394.9 | 0% |
| 2014 | 6,745,006 | 8,624,307 | −1,879,301 | 0.4 | 0% |
| 2015 | 10,793,303 | 9,668,339 | 1,124,964 | 374.4 | 0% |
| 2016 | 38,233,130 | 6,865,717 | 31,367,413 | 557.8 | 0% |
| 2017 | 7,786,197 | 8,225,663 | −439,466 | 536.2 | 0% |
| 2018 | 26,551,039 | 22,812,620 | 3,738,419 | 183.0 | 0% |
| 2019 | 14,461,666 | 12,098,624 | 2,363,042 | 410.5 | 0% |
| 2020 | 13,436,456 | 12,916,341 | 520,115 | 430.4 | 0% |
| 2021 | 12,422,614 | 14,812,045 | −2,389,431 | 431.5 | 0% |
| 2022 | 5,098,020 | 9,447,688 | −4,349,668 | 556.7 | 0% |
| 2023 | 60,419,112 | 64,215,031 | −3,795,919 | 92.5 | 0% |
In its most recent public year (2023), this organization spent $3,795,919 more than it brought in. Its reserves stood at about 92.5 months of spending, down from 325 in 2010. Staff pay was 0% 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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