Wilmington Ace Charter Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,103,759 | 1,062,320 | 41,439 | 0.4 | 52% |
| 2011 | 835,516 | 959,956 | −124,440 | -1.1 | 46% |
| 2012 | 966,568 | 905,853 | 60,715 | -0.4 | 53% |
| 2013 | 1,058,954 | 1,068,399 | −9,445 | -0.5 | 51% |
| 2014 | 1,063,286 | 1,057,405 | 5,881 | -0.4 | 53% |
| 2015 | 1,087,001 | 971,594 | 115,407 | -1.4 | 56% |
| 2016 | 1,182,632 | 1,115,663 | 66,969 | -0.5 | 54% |
| 2017 | 1,197,886 | 1,189,199 | 8,687 | -0.3 | 54% |
| 2018 | 1,228,242 | 1,265,682 | −37,440 | -19.1 | 53% |
| 2019 | 1,239,747 | 1,218,008 | 21,739 | -19.7 | 56% |
| 2020 | 1,284,072 | 1,258,352 | 25,720 | -18.8 | 50% |
| 2021 | 1,301,454 | 1,137,378 | 164,076 | -19.1 | 56% |
| 2022 | 1,234,952 | 1,146,081 | 88,871 | -17.1 | 57% |
| 2023 | 1,160,426 | 1,229,366 | −68,940 | -14.3 | 50% |
In its most recent public year (2023), this organization spent $68,940 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-14.3 months), down from 0.4 in 2010. Staff pay was 50% of spending. $29,817 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
Wilmington Ace Charter Incorporated'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