Near East Area Renewal Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,333,646 | 3,106,484 | 1,227,162 | 7.4 | 4% |
| 2012 | 2,500,958 | 1,868,225 | 632,733 | 16.4 | 10% |
| 2013 | 471,597 | 1,487,169 | −1,015,572 | 12.4 | 17% |
| 2014 | 560,994 | 920,744 | −359,750 | 15.4 | 28% |
| 2015 | 1,603,653 | 1,116,604 | 487,049 | 17.9 | 18% |
| 2016 | 728,025 | 849,702 | −121,677 | 21.8 | 29% |
| 2017 | 577,085 | 566,353 | 10,732 | 32.9 | 50% |
| 2018 | 1,161,621 | 804,308 | 357,313 | 28.5 | 38% |
| 2019 | 1,439,287 | 833,237 | 606,050 | 36.3 | 42% |
| 2020 | 2,378,738 | 718,056 | 1,660,682 | 69.8 | 53% |
| 2021 | 769,880 | 715,543 | 54,337 | 71.0 | 46% |
| 2022 | 993,916 | 730,514 | 263,402 | 73.9 | 45% |
| 2023 | 600,174 | 747,049 | −146,875 | 69.9 | 38% |
| 2024 | 439,412 | 708,762 | −269,350 | 69.1 | 42% |
In its most recent public year (2024), this organization spent $269,350 more than it brought in. Its reserves stood at about 69.1 months of spending, up from 7.4 in 2011. Staff pay was 42% of spending. $5,864 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 2024. 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
Near East Area Renewal Inc's IRS filings as a feed — one entry per filing year, through 2024. 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