Joint Ownership Entity New York City Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,691,409 | 981,945 | 709,464 | 8.7 | 7% |
| 2017 | 3,761,944 | 1,266,920 | 2,495,024 | 30.4 | 10% |
| 2018 | 14,428,645 | 7,736,792 | 6,691,853 | 15.4 | 2% |
| 2019 | 22,913,364 | 11,692,148 | 11,221,216 | 20.6 | 1% |
| 2020 | 17,434,025 | 17,449,567 | −15,542 | 6.1 | 2% |
| 2021 | 14,394,348 | 18,637,402 | −4,243,054 | 2.0 | 2% |
| 2022 | 246,635 | 652,805 | −406,170 | 57.1 | 58% |
| 2023 | 720,303 | 510,984 | 209,319 | 208.2 | 71% |
In its most recent public year (2023), this organization brought in $209,319 more than it spent. Its reserves stood at about 208.2 months of spending, up from 8.7 in 2016. Staff pay was 71% of spending. $509,833 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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