Ironbound Community Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,845,251 | 7,283,564 | 561,687 | 6.0 | 60% |
| 2012 | 9,726,611 | 8,739,129 | 987,482 | 6.4 | 54% |
| 2013 | 9,452,018 | 7,677,023 | 1,774,995 | 10.0 | 53% |
| 2014 | 12,241,192 | 7,641,448 | 4,599,744 | 17.3 | 54% |
| 2015 | 7,484,295 | 7,520,287 | −35,992 | 17.5 | 57% |
| 2016 | 8,395,881 | 6,977,603 | 1,418,278 | 21.3 | 60% |
| 2017 | 6,874,934 | 7,168,846 | −293,912 | 20.3 | 59% |
| 2018 | 7,030,875 | 7,285,782 | −254,907 | 19.5 | 59% |
| 2019 | 8,259,910 | 7,391,262 | 868,648 | 20.7 | 60% |
| 2020 | 8,272,491 | 7,733,242 | 539,249 | 20.6 | 61% |
| 2021 | 9,449,256 | 7,648,201 | 1,801,055 | 23.6 | 60% |
| 2022 | 10,541,476 | 8,948,839 | 1,592,637 | 22.3 | 53% |
| 2023 | 10,839,065 | 9,936,489 | 902,576 | 20.9 | 58% |
In its most recent public year (2023), this organization brought in $902,576 more than it spent. Its reserves stood at about 20.9 months of spending, up from 6 in 2011. Staff pay was 58% of spending. $5,077,118 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
Ironbound Community Corporation'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