Putney School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 24,861,480 | 16,952,871 | 7,908,609 | 42.9 | 36% |
| 2022 | 22,994,358 | 18,423,347 | 4,571,011 | 39.0 | 34% |
| 2023 | 19,625,092 | 19,099,462 | 525,630 | 38.7 | 35% |
In its most recent public year (2023), this organization brought in $525,630 more than it spent. Its reserves stood at about 38.7 months of spending, down from 42.9 in 2021. Staff pay was 35% of spending. $31,631,867 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
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