Center City Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 89,645 | 158,460 | −68,815 | -9.9 | — |
| 2011 | 129,075 | 119,277 | 9,798 | -12.2 | 45% |
| 2012 | 125,309 | 164,816 | −39,507 | 32.0 | 49% |
| 2013 | 335,992 | 158,581 | 177,411 | 46.7 | 43% |
| 2014 | 160,785 | 199,843 | −39,058 | 34.7 | 42% |
| 2015 | 202,460 | 227,264 | −24,804 | 29.2 | 33% |
| 2016 | 679,803 | 228,594 | 451,209 | 52.7 | 36% |
| 2017 | 263,042 | 709,777 | −446,735 | 9.4 | 10% |
| 2018 | 169,194 | 209,262 | −40,068 | 29.7 | 28% |
| 2019 | 78,483 | 141,414 | −62,931 | 38.5 | 20% |
| 2020 | 327,936 | 385,349 | −57,413 | 12.4 | 14% |
| 2021 | 224,026 | 141,973 | 82,053 | 40.5 | 39% |
| 2022 | 68,923 | 254,809 | −185,886 | 13.8 | 27% |
In its most recent public year (2022), this organization spent $185,886 more than it brought in. Its reserves stood at about 13.8 months of spending, up from -9.9 in 2010. Staff pay was 27% of spending. $19,559 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 2022. 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
Center City Development Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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