Urban College Of Boston A Two Year College Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,329,049 | 4,297,193 | 31,856 | 2.4 | 54% |
| 2021 | 7,626,014 | 6,267,193 | 1,358,821 | 4.3 | 40% |
| 2022 | 6,063,503 | 5,609,675 | 453,828 | 5.7 | 49% |
| 2023 | 6,861,677 | 4,147,139 | 2,714,538 | 15.6 | 57% |
In its most recent public year (2023), this organization brought in $2,714,538 more than it spent. Its reserves stood at about 15.6 months of spending, up from 2.4 in 2020. Staff pay was 57% of spending. $178,788 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 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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