Binghampton Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 974,165 | 708,006 | 266,159 | 31.5 | 45% |
| 2012 | 1,125,260 | 916,016 | 209,244 | 27.1 | 7% |
| 2013 | 2,449,046 | 917,393 | 1,531,653 | 47.1 | 47% |
| 2014 | 1,449,910 | 1,400,443 | 49,467 | 31.3 | 33% |
| 2015 | 1,373,714 | 1,134,991 | 238,723 | 41.1 | 44% |
| 2016 | 1,374,450 | 1,310,879 | 63,571 | 36.2 | 48% |
| 2017 | 3,991,258 | 1,336,646 | 2,654,612 | 59.3 | 44% |
| 2018 | 1,812,221 | 1,676,950 | 135,271 | 48.2 | 29% |
| 2019 | 2,106,823 | 1,625,251 | 481,572 | 53.3 | 32% |
| 2020 | 2,082,337 | 2,030,316 | 52,021 | 42.9 | 24% |
| 2021 | 1,404,895 | 1,411,883 | −6,988 | 61.6 | 29% |
| 2022 | 3,260,992 | 1,677,678 | 1,583,314 | 63.2 | 36% |
| 2023 | 2,160,012 | 1,882,878 | 277,134 | 58.6 | 32% |
In its most recent public year (2023), this organization brought in $277,134 more than it spent. Its reserves stood at about 58.6 months of spending, up from 31.5 in 2011. Staff pay was 32% of spending. $139,298 of its net assets are donor-restricted.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works