U Empower Of Maryland Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 327,837 | 311,540 | 16,297 | 0.9 | 36% |
| 2021 | 533,115 | 523,859 | 9,256 | 0.8 | 16% |
| 2022 | 644,550 | 495,832 | 148,718 | 4.4 | 21% |
| 2023 | 583,708 | 680,328 | −96,620 | 0.4 | 36% |
In its most recent public year (2023), this organization spent $96,620 more than it brought in. Its reserves stood at about 0.4 months of spending. Staff pay was 36% 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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