Ithaca Yacht Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 528,362 | 450,495 | 77,867 | 24.4 | 15% |
| 2021 | 540,964 | 449,233 | 91,731 | 26.9 | 13% |
| 2022 | 575,544 | 550,283 | 25,261 | 22.5 | 13% |
| 2023 | 610,554 | 544,832 | 65,722 | 24.2 | 12% |
In its most recent public year (2023), this organization brought in $65,722 more than it spent. Its reserves stood at about 24.2 months of spending. Staff pay was 12% 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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