North Carolina Insurance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 279,001,377 | 202,513,546 | 76,487,831 | 35.0 | 2% |
| 2021 | 314,057,800 | 164,666,796 | 149,391,004 | 54.0 | 3% |
| 2022 | 357,797,739 | 184,740,119 | 173,057,620 | 59.7 | 3% |
| 2023 | 446,830,243 | 244,465,418 | 202,364,825 | 54.9 | 3% |
In its most recent public year (2023), this organization brought in $202,364,825 more than it spent. Its reserves stood at about 54.9 months of spending, up from 35 in 2020. Staff pay was 3% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works