Philadelphia Classical School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,208,711 | 2,176,099 | 32,612 | 2.7 | 39% |
| 2022 | 2,534,413 | 2,332,381 | 202,032 | 3.5 | 38% |
| 2023 | 2,830,968 | 2,780,192 | 50,776 | 3.5 | 44% |
In its most recent public year (2023), this organization brought in $50,776 more than it spent. Its reserves stood at about 3.5 months of spending. Staff pay was 44% 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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