Center City Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 102,425 | 24,072 | 78,353 | 51.3 | — |
| 2020 | 184,476 | 40,400 | 144,076 | 73.4 | — |
| 2021 | 225,833 | 59,129 | 166,704 | 83.9 | 47% |
| 2022 | 293,281 | 109,125 | 184,156 | 65.7 | 55% |
| 2023 | 124,081 | 107,474 | 16,607 | 68.6 | 38% |
In its most recent public year (2023), this organization brought in $16,607 more than it spent. Its reserves stood at about 68.6 months of spending, up from 51.3 in 2019. Staff pay was 38% of spending. $152,928 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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