Valley Churches United
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,319,990 | 1,006,203 | 313,787 | 25.1 | 21% |
| 2021 | 2,617,997 | 778,272 | 1,839,725 | 60.8 | 24% |
| 2022 | 950,894 | 1,182,128 | −231,234 | 37.7 | 17% |
| 2023 | 1,426,299 | 1,244,983 | 181,316 | 37.6 | 17% |
In its most recent public year (2023), this organization brought in $181,316 more than it spent. Its reserves stood at about 37.6 months of spending, up from 25.1 in 2020. Staff pay was 17% of spending. $10,000 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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