Placer Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,602,035 | 5,245,767 | 2,356,268 | 40.1 | 9% |
| 2021 | 5,383,232 | 3,245,069 | 2,138,163 | 71.3 | 16% |
| 2022 | 2,435,295 | 2,669,921 | −234,626 | 73.0 | 19% |
| 2023 | 3,980,860 | 2,813,270 | 1,167,590 | 78.9 | 18% |
In its most recent public year (2023), this organization brought in $1,167,590 more than it spent. Its reserves stood at about 78.9 months of spending, up from 40.1 in 2020. Staff pay was 18% of spending. $13,914,597 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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