New City School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,154,327 | 1,197,651 | −43,324 | 5.8 | 51% |
| 2012 | 1,243,365 | 1,242,620 | 745 | 5.6 | 51% |
| 2013 | 1,335,313 | 1,324,060 | 11,253 | 5.4 | 49% |
| 2014 | 1,805,899 | 1,729,805 | 76,094 | 4.6 | 49% |
| 2015 | 2,412,549 | 2,265,001 | 147,548 | -0.2 | 49% |
| 2016 | 2,368,587 | 2,479,791 | −111,204 | -0.7 | 49% |
| 2017 | 2,561,238 | 3,209,438 | −648,200 | -3.0 | 37% |
| 2018 | 2,798,987 | 3,546,717 | −747,730 | -5.2 | 39% |
| 2019 | 3,184,330 | 2,599,916 | 584,414 | -4.5 | 56% |
| 2020 | 3,380,343 | 3,602,889 | −222,546 | -4.0 | 45% |
| 2021 | 3,538,466 | 3,558,971 | −20,505 | -4.1 | 45% |
| 2022 | 4,317,991 | 4,129,364 | 188,627 | -3.0 | 48% |
| 2023 | 4,762,199 | 4,873,417 | −111,218 | -2.8 | 48% |
In its most recent public year (2023), this organization spent $111,218 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.8 months), down from 5.8 in 2011. Staff pay was 48% 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
New City School's IRS filings as a feed — one entry per filing year, through 2023. 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