Mid-Bronx Senior Citizens Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,402,911 | 6,081,881 | 1,321,030 | 9.9 | 37% |
| 2021 | 4,588,756 | 4,224,736 | 364,020 | 14.0 | 37% |
| 2022 | 4,154,470 | 3,126,796 | 1,027,674 | 24.5 | 29% |
| 2023 | 3,769,628 | 3,760,768 | 8,860 | 19.0 | 23% |
In its most recent public year (2023), this organization brought in $8,860 more than it spent. Its reserves stood at about 19 months of spending, up from 9.9 in 2020. Staff pay was 23% 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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