Rethink Food Nyc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 78,118 | 8,891 | 69,227 | 93.4 | — |
| 2018 | 1,486,454 | 469,622 | 1,016,832 | 27.8 | 0% |
| 2019 | 1,209,084 | 1,188,847 | 20,237 | 11.6 | 51% |
| 2020 | 37,918,014 | 16,615,318 | 21,302,696 | 16.2 | 16% |
| 2021 | 29,334,574 | 27,496,162 | 1,838,412 | 10.6 | 14% |
| 2022 | 12,485,150 | 19,984,034 | −7,498,884 | 10.1 | 22% |
| 2023 | 50,548,993 | 56,866,784 | −6,317,791 | 2.2 | 7% |
In its most recent public year (2023), this organization spent $6,317,791 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 93.4 in 2017. Staff pay was 7% of spending. $3,645,397 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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