Life Challenge Of Western Northcarolina Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 103,979 | 107,722 | −3,743 | 3.9 | 44% |
| 2012 | 108,435 | 106,991 | 1,444 | 4.1 | 41% |
| 2013 | 149,404 | 136,278 | 13,126 | 4.3 | 42% |
| 2014 | 171,552 | 145,159 | 26,393 | 6.3 | 42% |
| 2015 | 182,632 | 162,276 | 20,356 | 7.1 | 43% |
| 2016 | 221,073 | 184,509 | 36,564 | 8.6 | 40% |
| 2017 | 167,677 | 199,969 | −32,292 | 6.0 | 38% |
| 2018 | 194,113 | 183,198 | 10,915 | 7.3 | 44% |
| 2019 | 185,822 | 168,646 | 17,176 | 9.1 | 40% |
| 2020 | 190,336 | 179,359 | 10,977 | 9.3 | 38% |
| 2021 | 245,754 | 168,223 | 77,531 | 15.5 | 46% |
| 2022 | 248,317 | 217,121 | 31,196 | 13.7 | 41% |
In its most recent public year (2022), this organization brought in $31,196 more than it spent. Its reserves stood at about 13.7 months of spending, up from 3.9 in 2011. Staff pay was 41% 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 2022. 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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