Raleigh Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 112,069 | 62,781 | 49,288 | 10.5 | — |
| 2019 | 76,171 | 73,544 | 2,627 | 7.2 | — |
| 2020 | 131,207 | 74,874 | 56,333 | 16.1 | — |
In its most recent public year (2020), this organization brought in $56,333 more than it spent. Its reserves stood at about 16.1 months of spending, up from 10.5 in 2018.
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 2020. 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