Family Y M C A Of Greater Florence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,658,742 | 1,700,779 | −42,037 | 14.8 | 49% |
| 2021 | 2,055,056 | 1,573,630 | 481,426 | 19.7 | 51% |
| 2022 | 1,986,697 | 1,693,652 | 293,045 | 20.4 | 53% |
| 2023 | 1,820,797 | 1,717,842 | 102,955 | 20.8 | 50% |
In its most recent public year (2023), this organization brought in $102,955 more than it spent. Its reserves stood at about 20.8 months of spending, up from 14.8 in 2020. Staff pay was 50% of spending. $208,711 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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