Purchase Senior Learning Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 600,000 | 361,393 | 238,607 | 7.9 | 0% |
| 2019 | 1,035,021 | 2,084,144 | −1,049,123 | -5.6 | 0% |
| 2020 | 0 | 3,636,025 | −3,636,025 | -15.2 | 0% |
| 2021 | 0 | 2,419,926 | −2,419,926 | -34.8 | 0% |
| 2022 | 50,907 | 2,892,712 | −2,841,805 | -46.8 | 0% |
| 2023 | 2,381,069 | 2,430,033 | −48,964 | -48.3 | 30% |
In its most recent public year (2023), this organization spent $48,964 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-48.3 months), down from 7.9 in 2018. Staff pay was 30% 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
Purchase Senior Learning Community Inc's IRS filings as a feed — one entry per filing year, through 2023. 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