Corona-Norco United Way
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 479,311 | 527,062 | −47,751 | 6.8 | 45% |
| 2021 | 671,078 | 557,736 | 113,342 | 12.8 | 46% |
| 2022 | 409,599 | 448,874 | −39,275 | 14.9 | 61% |
| 2023 | 365,125 | 496,829 | −131,704 | 10.3 | 61% |
In its most recent public year (2023), this organization spent $131,704 more than it brought in. Its reserves stood at about 10.3 months of spending, up from 6.8 in 2020. Staff pay was 61% of spending.
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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