Circolo Umberto Ii Di Savoia Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 74,549 | 64,289 | 10,260 | 55.9 | — |
| 2020 | 39,208 | 58,190 | −18,982 | 57.8 | — |
| 2021 | 54,834 | 78,210 | −23,376 | 39.4 | — |
| 2022 | 53,884 | 62,796 | −8,912 | 47.4 | — |
| 2023 | 42,829 | 69,973 | −27,144 | 37.9 | — |
In its most recent public year (2023), this organization spent $27,144 more than it brought in. Its reserves stood at about 37.9 months of spending, down from 55.9 in 2019.
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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