New Life Of New York City Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 842,664 | 874,934 | −32,270 | 9.0 | 50% |
| 2012 | 951,691 | 899,463 | 52,228 | 9.5 | 50% |
| 2013 | 824,724 | 810,367 | 14,357 | 10.7 | 45% |
| 2014 | 640,947 | 834,418 | −193,471 | 7.6 | 53% |
| 2015 | 766,317 | 740,429 | 25,888 | 9.0 | 51% |
| 2016 | 723,944 | 845,420 | −121,476 | 6.2 | 57% |
| 2017 | 800,586 | 821,803 | −21,217 | 7.0 | 50% |
| 2018 | 677,056 | 754,639 | −77,583 | 6.4 | 57% |
| 2019 | 8,532,426 | 790,675 | 7,741,751 | 123.6 | 58% |
| 2020 | 412,145 | 768,969 | −356,824 | 124.2 | 63% |
| 2021 | 430,999 | 949,601 | −518,602 | 100.5 | 48% |
| 2022 | 646,079 | 1,451,992 | −805,913 | 51.6 | 52% |
| 2023 | 517,912 | 1,649,235 | −1,131,323 | 38.5 | 56% |
In its most recent public year (2023), this organization spent $1,131,323 more than it brought in. Its reserves stood at about 38.5 months of spending, up from 9 in 2011. Staff pay was 56% of spending. $39,387 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
New Life Of New York City Inc'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