Newburgh Community Land Bank Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 186,124 | 69,837 | 116,287 | 20.0 | 0% |
| 2014 | 664,043 | 153,063 | 510,980 | 49.2 | 22% |
| 2015 | 1,348,255 | 219,898 | 1,128,357 | 95.8 | 68% |
| 2016 | 2,534,162 | 3,131,463 | −597,301 | 4.4 | 9% |
| 2017 | 1,103,611 | 1,079,144 | 24,467 | 13.2 | 21% |
| 2018 | 630,752 | 739,984 | −109,232 | 15.5 | 35% |
| 2019 | 2,520,345 | 1,911,364 | 608,981 | 9.8 | 13% |
| 2020 | 584,783 | 775,649 | −190,866 | 21.3 | 34% |
| 2021 | 1,196,822 | 657,323 | 539,499 | 34.9 | 41% |
In its most recent public year (2021), this organization brought in $539,499 more than it spent. Its reserves stood at about 34.9 months of spending, up from 20 in 2013. Staff pay was 41% 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 2021. 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
Newburgh Community Land Bank Inc's IRS filings as a feed — one entry per filing year, through 2021. 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