Inner City Redevelopment Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 15,159 | 167,440 | −152,281 | 50.5 | 39% |
| 2011 | 357,002 | 154,842 | 202,160 | 70.3 | 43% |
| 2012 | 44,937 | 110,241 | −65,304 | 91.6 | 71% |
| 2013 | 123,801 | 108,469 | 15,332 | 94.8 | 71% |
| 2014 | 33,348 | 85,437 | −52,089 | 113.0 | 74% |
| 2015 | 126,147 | 95,866 | 30,281 | 104.5 | 82% |
| 2016 | 137,562 | 86,515 | 51,047 | 122.9 | 71% |
| 2017 | 134,737 | 80,432 | 54,305 | 140.3 | 79% |
| 2018 | 132,621 | 80,658 | 51,963 | 147.6 | 78% |
| 2019 | 114,813 | 75,747 | 39,066 | 163.4 | 60% |
| 2020 | 115,138 | 75,005 | 40,133 | 92.8 | 79% |
| 2021 | 58,311 | 69,485 | −11,174 | 98.3 | 82% |
| 2022 | 57,993 | 83,122 | −25,129 | 78.5 | 74% |
| 2023 | 47,621 | 78,741 | −31,120 | 78.1 | 77% |
In its most recent public year (2023), this organization spent $31,120 more than it brought in. Its reserves stood at about 78.1 months of spending, up from 50.5 in 2010. Staff pay was 77% 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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