Maxcen Housing Society Inc New York Branch
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 68,251 | 64,266 | 3,985 | 0.7 | 8% |
| 2021 | 81,091 | 76,855 | 4,236 | 0.7 | 21% |
| 2022 | 88,439 | 85,965 | 2,474 | 0.3 | 8% |
| 2023 | 98,795 | 86,125 | 12,670 | 1.8 | 6% |
In its most recent public year (2023), this organization brought in $12,670 more than it spent. Its reserves stood at about 1.8 months of spending, up from 0.7 in 2020. Staff pay was 6% 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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