Corning Classic Charities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 350,784 | 403,138 | −52,354 | 16.6 | 17% |
| 2012 | 324 | 28,409 | −28,085 | 195.8 | 47% |
| 2013 | 660,094 | 659,128 | 966 | 13.6 | 21% |
| 2014 | 1,041,488 | 914,628 | 126,860 | 11.5 | 19% |
| 2015 | 972,827 | 1,059,490 | −86,663 | 8.9 | 18% |
| 2016 | 1,205,902 | 1,034,836 | 171,066 | 11.1 | 18% |
| 2017 | 1,274,409 | 1,142,380 | 132,029 | 11.4 | 17% |
| 2018 | 1,395,623 | 1,226,305 | 169,318 | 12.3 | 17% |
| 2019 | 1,623,648 | 1,446,209 | 177,439 | 11.9 | 15% |
| 2020 | 851,813 | 814,418 | 37,395 | 21.7 | 26% |
| 2021 | 1,310,142 | 1,201,839 | 108,303 | 15.8 | 20% |
| 2022 | 1,220,873 | 1,173,924 | 46,949 | 16.7 | 20% |
| 2023 | 1,092,940 | 978,704 | 114,236 | 21.4 | 15% |
In its most recent public year (2023), this organization brought in $114,236 more than it spent. Its reserves stood at about 21.4 months of spending, up from 16.6 in 2011. Staff pay was 15% 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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