Italian Benefit Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 44,753 | 69,972 | −25,219 | 42.1 | 21% |
| 2021 | 88,167 | 78,395 | 9,772 | 39.1 | 39% |
| 2022 | 124,924 | 131,611 | −6,687 | 22.7 | 43% |
| 2023 | 143,574 | 144,228 | −654 | 20.6 | 43% |
In its most recent public year (2023), this organization spent $654 more than it brought in. Its reserves stood at about 20.6 months of spending, down from 42.1 in 2020. Staff pay was 43% 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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