Shawn Carter Scholarship Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 218,903 | 175,273 | 43,630 | 7.0 | 0% |
| 2011 | 802,425 | 274,176 | 528,249 | 27.6 | 23% |
| 2012 | 905,093 | 704,792 | 200,301 | 14.1 | 24% |
| 2013 | 1,029,820 | 832,928 | 196,892 | 14.8 | 28% |
| 2014 | 1,464,591 | 1,108,359 | 356,232 | 15.0 | 17% |
| 2015 | 114,943 | 915,404 | −800,461 | 7.6 | 21% |
| 2016 | 383,438 | 832,035 | −448,597 | 1.9 | 25% |
| 2017 | 750,677 | 742,799 | 7,878 | 2.3 | 29% |
| 2018 | 966,856 | 623,706 | 343,150 | 9.3 | 27% |
| 2019 | 4,924,166 | 694,109 | 4,230,057 | 79.9 | 24% |
| 2020 | 3,724,003 | 4,624,770 | −900,767 | 9.7 | 4% |
| 2021 | 552,974 | 756,066 | −203,092 | 55.8 | 22% |
| 2022 | 2,357,871 | 1,053,149 | 1,304,722 | 54.9 | 18% |
| 2023 | 11,009,237 | 3,034,784 | 7,974,453 | 50.6 | 7% |
In its most recent public year (2023), this organization brought in $7,974,453 more than it spent. Its reserves stood at about 50.6 months of spending, up from 7 in 2010. Staff pay was 7% 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
Shawn Carter Scholarship Fund's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works