Whittier Area Literacy Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 23,495 | 20,177 | 3,318 | 80.6 | — |
| 2022 | 28,163 | 33,728 | −5,565 | 46.2 | — |
| 2023 | 61,867 | 57,899 | 3,968 | 27.7 | — |
In its most recent public year (2023), this organization brought in $3,968 more than it spent. Its reserves stood at about 27.7 months of spending, down from 80.6 in 2021.
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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