Sunset Park Redevelopment Committee Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 6,883,915 | 5,028,224 | 1,855,691 | 7.6 | 17% |
| 2011 | 8,281,236 | 6,627,350 | 1,653,886 | 2.8 | 15% |
| 2012 | 4,982,166 | 4,435,132 | 547,034 | 5.4 | 20% |
| 2013 | 2,554,584 | 2,694,934 | −140,350 | 8.5 | 29% |
| 2014 | 2,235,175 | 2,174,083 | 61,092 | 10.8 | 35% |
| 2015 | 2,850,262 | 2,847,506 | 2,756 | 8.3 | 30% |
| 2016 | 3,557,419 | 3,810,002 | −252,583 | 5.5 | 24% |
| 2017 | 2,940,145 | 2,704,450 | 235,695 | 9.1 | 31% |
| 2018 | 2,920,983 | 2,933,034 | −12,051 | 8.1 | 31% |
| 2019 | 3,323,489 | 3,416,557 | −93,068 | 7.3 | 24% |
| 2020 | 3,978,131 | 3,528,523 | 449,608 | 9.2 | 30% |
| 2021 | 4,456,465 | 3,806,127 | 650,338 | 11.0 | 26% |
| 2022 | 4,802,190 | 5,560,110 | −757,920 | 5.3 | 18% |
| 2023 | 4,190,092 | 4,005,943 | 184,149 | 8.9 | 25% |
In its most recent public year (2023), this organization brought in $184,149 more than it spent. Its reserves stood at about 8.9 months of spending, up from 7.6 in 2010. Staff pay was 25% 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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