United Way Of Corinth And Alcorn County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 486,623 | 269,913 | 216,710 | 25.0 | 32% |
| 2021 | 193,390 | 268,862 | −75,472 | 21.8 | 33% |
| 2022 | 220,005 | 215,085 | 4,920 | 27.5 | 39% |
| 2023 | 366,629 | 244,107 | 122,522 | 30.1 | 29% |
In its most recent public year (2023), this organization brought in $122,522 more than it spent. Its reserves stood at about 30.1 months of spending, up from 25 in 2020. Staff pay was 29% of spending. $5,978 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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