Hudson Yards Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,612,518 | 3,636,982 | −24,464 | -0.1 | 34% |
| 2012 | 3,143,046 | 2,695,182 | 447,864 | 1.9 | 45% |
| 2013 | 2,000,470 | 2,402,843 | −402,373 | 0.1 | 46% |
| 2014 | 2,331,768 | 2,318,267 | 13,501 | 0.2 | 29% |
| 2015 | 1,467,025 | 1,376,247 | 90,778 | 1.1 | 15% |
| 2016 | 1,106,155 | 1,092,116 | 14,039 | 1.6 | 19% |
| 2017 | 718,413 | 871,880 | −153,467 | -0.2 | 40% |
| 2018 | 2,024,805 | 2,082,625 | −57,820 | -0.4 | 19% |
| 2019 | 1,209,072 | 1,137,558 | 71,514 | 0.0 | 37% |
| 2020 | 1,355,574 | 1,372,405 | −16,831 | -0.1 | 36% |
| 2021 | 1,095,433 | 1,049,161 | 46,272 | 0.4 | 42% |
| 2022 | 2,999,980 | 2,969,607 | 30,373 | 0.2 | 26% |
| 2023 | 4,694,553 | 4,680,665 | 13,888 | 0.2 | 18% |
In its most recent public year (2023), this organization brought in $13,888 more than it spent. Its reserves stood at about 0.2 months of spending. Staff pay was 18% 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
Hudson Yards Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works