New Kensington Community Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,228,490 | 1,923,737 | 304,753 | 16.1 | 49% |
| 2012 | 1,913,928 | 1,845,274 | 68,654 | 17.2 | 53% |
| 2013 | 2,301,460 | 2,215,905 | 85,555 | 14.8 | 46% |
| 2014 | 1,911,109 | 1,805,355 | 105,754 | 18.9 | 58% |
| 2015 | 2,051,644 | 2,098,951 | −47,307 | 16.0 | 59% |
| 2016 | 6,702,762 | 6,235,289 | 467,473 | 6.3 | 21% |
| 2017 | 8,503,812 | 8,077,816 | 425,996 | 5.5 | 17% |
| 2018 | 3,144,136 | 2,504,862 | 639,274 | 20.7 | 56% |
| 2019 | 3,598,146 | 2,566,936 | 1,031,210 | 25.0 | 58% |
| 2020 | 3,754,620 | 3,094,027 | 660,593 | 23.3 | 54% |
| 2021 | 4,201,453 | 3,123,114 | 1,078,339 | 27.3 | 58% |
| 2022 | 3,789,688 | 3,922,125 | −132,437 | 22.2 | 51% |
| 2023 | 3,943,941 | 4,575,064 | −631,123 | 17.1 | 47% |
In its most recent public year (2023), this organization spent $631,123 more than it brought in. Its reserves stood at about 17.1 months of spending. Staff pay was 47% 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
New Kensington Community Development Corp'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