Nyc Medics
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 894,499 | 900,707 | −6,208 | -2.3 | 10% |
| 2021 | 1,732,830 | 1,658,648 | 74,182 | -0.7 | 6% |
| 2022 | 1,267,969 | 957,402 | 310,567 | 2.7 | 9% |
| 2023 | 48,826 | 160,755 | −111,929 | 7.5 | 59% |
In its most recent public year (2023), this organization spent $111,929 more than it brought in. Its reserves stood at about 7.5 months of spending, up from -2.3 in 2020. Staff pay was 59% 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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