Wellsboro Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 365,457 | 335,488 | 29,969 | 84.3 | 0% |
| 2021 | 244,041 | 187,134 | 56,907 | 154.7 | 0% |
| 2022 | 317,649 | 328,729 | −11,080 | 87.7 | 0% |
| 2023 | 510,234 | 472,002 | 38,232 | 62.0 | 0% |
In its most recent public year (2023), this organization brought in $38,232 more than it spent. Its reserves stood at about 62 months of spending, down from 84.3 in 2020. Staff pay was 0% 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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