United Way Of West Central Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 571,661 | 525,365 | 46,296 | 7.8 | 28% |
| 2022 | 585,874 | 546,293 | 39,581 | 8.4 | 33% |
| 2023 | 537,740 | 709,580 | −171,840 | 3.5 | 28% |
In its most recent public year (2023), this organization spent $171,840 more than it brought in. Its reserves stood at about 3.5 months of spending, down from 7.8 in 2021. Staff pay was 28% of spending. $81,314 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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