Covington Community Chest
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 117,853 | 82,761 | 35,092 | 12.7 | — |
| 2021 | 111,053 | 107,214 | 3,839 | 12.3 | — |
| 2022 | 135,347 | 153,838 | −18,491 | 7.0 | — |
| 2023 | 127,126 | 41,785 | 85,341 | 46.0 | — |
| 2024 | 125,355 | 161,307 | −35,952 | 10.1 | — |
In its most recent public year (2024), this organization spent $35,952 more than it brought in. Its reserves stood at about 10.1 months of spending, down from 12.7 in 2020.
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 2024. 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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