Italian Charities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 244,342 | 113,857 | 130,485 | 61.6 | 0% |
| 2012 | 207,589 | 99,934 | 107,655 | 83.2 | 0% |
| 2013 | 179,296 | 105,973 | 73,323 | 84.3 | 0% |
| 2014 | 205,639 | 92,491 | 113,148 | 112.3 | 0% |
| 2015 | 204,750 | 109,855 | 94,895 | 104.7 | 2% |
| 2016 | 184,335 | 160,325 | 24,010 | 72.5 | 22% |
| 2017 | 247,505 | 158,322 | 89,183 | 79.5 | 23% |
| 2018 | 247,141 | 198,308 | 48,833 | 64.9 | 18% |
| 2019 | 219,570 | 208,939 | 10,631 | 67.1 | 14% |
| 2020 | 185,036 | 124,003 | 61,033 | 128.5 | 16% |
| 2021 | 403,587 | 196,392 | 207,195 | 87.1 | 16% |
| 2022 | 164,407 | 88,485 | 75,922 | 181.0 | 36% |
| 2023 | 167,559 | 211,683 | −44,124 | 82.5 | 20% |
In its most recent public year (2023), this organization spent $44,124 more than it brought in. Its reserves stood at about 82.5 months of spending, up from 61.6 in 2011. Staff pay was 20% 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
Italian Charities Inc'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