Percent funded calculator
Are we okay?
Percent funded is the ratio of your association’s actual reserve balance to its fully funded balance — the amount you would ideally have set aside based on how much useful life your components have used up. It is the single number boards use to gauge reserve health. On the scale we use, below 30% is poor, 30–50% good, 50–70% strong, 70% or above very strong. Most boards do not know their fully funded balance, because calculating it is what a reserve study does — if that is you, the answer is the study, not the arithmetic.
Reviewed by Aaron LombardoLast reviewed
Two numbers, and a plain-English reading.
Let the math do the talking. Enter your reserve balance and your fully funded balance — the arithmetic runs in your browser and nothing is sent to us.
Enter both figures and your percent funded appears here, with a plain-English reading of what that band means.
A ratio is not a funding plan.
Percent funded tells you where your balance sits against a target. It does not tell you when the money is needed, and that is usually the part that decides whether a board faces a special assessment.
Two associations can both sit at 55% and be in completely different positions — one with its major replacements spread across two decades, the other with a roof, a parking lot and an elevator all landing in the same three years. The ratio looks identical. The decisions are not.
That timing is what a current reserve study models, and it is why the answer to a worrying number is a plan rather than a panic. What a study costs is a fair next question.
What boards ask about the number.
Percent funded is the ratio of your association’s actual reserve balance to its fully funded balance — the amount you would ideally have set aside based on how much useful life your components have used up. It is the single number boards use to gauge reserve health. On the scale we use, below 30% is poor, 30–50% good, 50–70% strong, 70% or above very strong. It is a useful gauge, not a legal standard — and a lower number is a starting point for planning, not a verdict on your board.
It is calculated in your reserve study, usually in the funding analysis alongside the component inventory. If your association has never had a study, or the last one is several years old, there is no current figure to use — and that gap is itself the answer to how urgent this is.
There is no universal dollar figure — the right amount depends entirely on your specific components, their condition, and how much useful life they have left. That is what a reserve study calculates for your association specifically. Rather than chasing a single target number, most boards aim for a funding plan that keeps reserves healthy enough to handle upcoming repairs without a special assessment, and adjust it as conditions change.
Start by getting an accurate, current picture of where you stand. Many associations are underfunded to some degree, so this is common ground, not a crisis. A current reserve study shows what you actually have, what repairs and replacements are coming and when, and what funding level closes the gap over time. Most boards adjust contributions gradually and prioritize the most urgent components first, rather than making one drastic move.
It makes one considerably less likely, but percent funded is a snapshot of balance against target — it does not tell you when the money is needed. A community that is well funded today can still face a squeeze if several major components come due in the same few years. The timing is what a current study models, and it is the part a single ratio cannot show you.