Mutual Beneficial Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 15,240,993 | 14,684,283 | 556,710 | 2.0 | 4% |
| 2021 | 16,714,771 | 16,245,868 | 468,903 | 2.1 | 4% |
| 2022 | 20,036,739 | 19,888,190 | 148,549 | 1.7 | 3% |
| 2023 | 11,785,428 | 11,722,473 | 62,955 | 2.7 | 5% |
In its most recent public year (2023), this organization brought in $62,955 more than it spent. Its reserves stood at about 2.7 months of spending. Staff pay was 5% 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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