Power California
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,341,766 | 3,868,263 | 1,473,503 | 13.3 | 49% |
| 2021 | 3,690,526 | 3,169,936 | 520,590 | 17.9 | 58% |
| 2022 | 8,707,902 | 3,849,395 | 4,858,507 | 29.9 | 53% |
| 2023 | 4,617,303 | 4,429,281 | 188,022 | 26.8 | 45% |
In its most recent public year (2023), this organization brought in $188,022 more than it spent. Its reserves stood at about 26.8 months of spending, up from 13.3 in 2020. Staff pay was 45% of spending. $7,429,875 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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