West Harlem Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2016 | 876,898 | 3,949,826 | −3,072,928 | 196.8 | 16% |
| 2017 | 1,486,082 | 3,419,727 | −1,933,645 | 222.8 | 19% |
| 2018 | 2,170,748 | 2,987,228 | −816,480 | 251.0 | 44% |
| 2019 | 1,226,221 | 3,267,182 | −2,040,961 | 229.0 | 43% |
| 2020 | 1,981,477 | 3,283,280 | −1,301,803 | 226.2 | 29% |
| 2021 | 1,156,663 | 3,591,849 | −2,435,186 | 201.8 | 23% |
| 2022 | 728,466 | 3,172,710 | −2,444,244 | 207.0 | 11% |
| 2023 | 1,319,248 | 3,665,076 | −2,345,828 | 181.1 | 16% |
In its most recent public year (2023), this organization spent $2,345,828 more than it brought in. Its reserves stood at about 181.1 months of spending. Staff pay was 16% of spending. $55,315,251 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
West Harlem Development Corporation'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