Carolines Promise
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 205,026 | 173,417 | 31,609 | 3.6 | 14% |
| 2012 | 279,807 | 254,864 | 24,943 | 3.6 | 9% |
| 2013 | 265,564 | 216,398 | 49,166 | 7.0 | 11% |
| 2014 | 299,700 | 363,617 | −63,917 | 2.0 | 7% |
| 2015 | 298,695 | 303,434 | −4,739 | 2.3 | 8% |
| 2016 | 265,172 | 259,403 | 5,769 | 2.9 | 9% |
| 2017 | 286,832 | 293,447 | −6,615 | 2.3 | 9% |
| 2018 | 333,641 | 345,503 | −11,862 | 1.5 | 8% |
| 2019 | 195,566 | 191,827 | 3,739 | 3.0 | 13% |
| 2020 | 194,459 | 127,412 | 67,047 | 10.4 | 19% |
| 2021 | 104,386 | 88,328 | 16,058 | 17.1 | 29% |
| 2022 | 96,041 | 91,153 | 4,888 | 17.2 | 28% |
| 2023 | 126,765 | 120,662 | 6,103 | 10.8 | 24% |
In its most recent public year (2023), this organization brought in $6,103 more than it spent. Its reserves stood at about 10.8 months of spending, up from 3.6 in 2011. Staff pay was 24% 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
Carolines Promise'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