Charleston Digital Corridor Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,468,608 | 1,141,425 | 327,183 | 24.8 | 6% |
| 2021 | 1,856,948 | 1,203,691 | 653,257 | 30.0 | 24% |
| 2022 | 1,807,785 | 1,572,419 | 235,366 | 24.8 | 20% |
| 2023 | 2,275,599 | 1,484,627 | 790,972 | 32.9 | 19% |
In its most recent public year (2023), this organization brought in $790,972 more than it spent. Its reserves stood at about 32.9 months of spending, up from 24.8 in 2020. Staff pay was 19% 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
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