Italian American Benevolent Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 30,099 | 46,965 | −16,866 | 34.0 | — |
| 2020 | 18,024 | 27,314 | −9,290 | 54.5 | — |
| 2021 | 37,860 | 32,588 | 5,272 | 47.6 | — |
| 2022 | 32,025 | 24,875 | 7,150 | 65.8 | — |
| 2023 | 36,251 | 38,861 | −2,610 | 41.3 | — |
In its most recent public year (2023), this organization spent $2,610 more than it brought in. Its reserves stood at about 41.3 months of spending, up from 34 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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