Charitable Italian-American Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 35,826 | 24,625 | 11,201 | 16.0 | — |
| 2020 | 10,628 | 24,620 | −13,992 | 9.2 | — |
| 2021 | 2,395 | 3,270 | −875 | 65.0 | — |
| 2022 | 426 | 1,757 | −1,331 | 111.9 | — |
| 2023 | 0 | 1,540 | −1,540 | 115.7 | — |
In its most recent public year (2023), this organization spent $1,540 more than it brought in. Its reserves stood at about 115.7 months of spending, up from 16 in 2019.
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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