Sons Of Italy Of America
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 230,202 | 248,824 | −18,622 | 3.0 | 29% |
| 2021 | 241,238 | 211,377 | 29,861 | 5.2 | 19% |
| 2022 | 1,619,870 | 220,260 | 1,399,610 | 81.2 | 19% |
| 2023 | 294,107 | 344,207 | −50,100 | 50.3 | 26% |
In its most recent public year (2023), this organization spent $50,100 more than it brought in. Its reserves stood at about 50.3 months of spending, up from 3 in 2020. Staff pay was 26% 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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