Iredell Council On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,541,032 | 1,495,225 | 45,807 | 10.3 | 52% |
| 2012 | 1,426,365 | 1,429,120 | −2,755 | 10.7 | 50% |
| 2013 | 1,339,635 | 1,387,331 | −47,696 | 10.7 | 50% |
| 2014 | 1,320,348 | 1,313,068 | 7,280 | 11.3 | 49% |
| 2015 | 1,268,974 | 1,362,899 | −93,925 | 10.1 | 46% |
| 2016 | 1,315,228 | 1,359,658 | −44,430 | 9.7 | 44% |
| 2017 | 1,354,641 | 1,383,356 | −28,715 | 9.3 | 43% |
| 2018 | 1,324,072 | 1,278,903 | 45,169 | 10.5 | 44% |
| 2019 | 1,443,008 | 1,447,493 | −4,485 | 9.2 | 38% |
| 2020 | 1,530,336 | 1,516,346 | 13,990 | 8.9 | 36% |
| 2021 | 1,525,820 | 1,405,309 | 120,511 | 10.6 | 31% |
| 2022 | 1,811,538 | 1,739,542 | 71,996 | 9.1 | 27% |
| 2023 | 1,618,184 | 1,918,781 | −300,597 | 6.4 | 30% |
In its most recent public year (2023), this organization spent $300,597 more than it brought in. Its reserves stood at about 6.4 months of spending, down from 10.3 in 2011. Staff pay was 30% of spending. $43,750 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
Iredell Council On Aging Inc'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