Harvard Club Of Boston
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,261,636 | 9,367,421 | −2,105,785 | 15.1 | 31% |
| 2021 | 7,044,693 | 7,180,161 | −135,468 | 20.4 | 37% |
| 2022 | 10,782,183 | 8,373,783 | 2,408,400 | 14.5 | 39% |
| 2023 | 11,526,801 | 9,781,432 | 1,745,369 | 15.2 | 38% |
In its most recent public year (2023), this organization brought in $1,745,369 more than it spent. Its reserves stood at about 15.2 months of spending. Staff pay was 38% 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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