Inner-City Revitalization Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,541,484 | 1,237,498 | 303,986 | 20.5 | 9% |
| 2012 | 672,436 | 519,313 | 153,123 | 52.4 | 24% |
| 2013 | 1,217,773 | 794,851 | 422,922 | 40.6 | 17% |
| 2014 | 762,672 | 736,575 | 26,097 | 44.3 | 19% |
| 2015 | 219,746 | 384,771 | −165,025 | 79.6 | 37% |
| 2016 | 1,366,437 | 1,168,101 | 198,336 | 28.3 | 11% |
| 2017 | 2,096,534 | 1,611,409 | 485,125 | 24.1 | 12% |
| 2018 | 595,610 | 1,143,391 | −547,781 | 28.2 | 18% |
| 2019 | 257,167 | 469,439 | −212,272 | 63.3 | 43% |
| 2020 | 1,484,672 | 1,171,338 | 313,334 | 28.6 | 18% |
| 2021 | 1,423,082 | 1,178,756 | 244,326 | 30.9 | 12% |
| 2022 | 242,601 | 499,440 | −256,839 | 66.7 | 36% |
In its most recent public year (2022), this organization spent $256,839 more than it brought in. Its reserves stood at about 66.7 months of spending, up from 20.5 in 2011. Staff pay was 36% of spending. $949,656 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 2022. 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
Inner-City Revitalization Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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