Nyc Heat Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,500 | 5,885 | 1,615 | 5.0 | — |
| 2021 | 42,608 | 43,762 | −1,154 | 0.4 | — |
| 2022 | 25,300 | 26,508 | −1,208 | 0.0 | — |
| 2023 | 21,000 | 19,191 | 1,809 | 1.2 | — |
In its most recent public year (2023), this organization brought in $1,809 more than it spent. Its reserves stood at about 1.2 months of spending, down from 5 in 2020.
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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