Common Wealth Charlotte
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 135,525 | 28,649 | 106,876 | 44.8 | — |
| 2016 | 58,011 | 76,948 | −18,937 | 13.7 | 78% |
| 2017 | 273,427 | 147,406 | 126,021 | 17.4 | 59% |
| 2018 | 335,726 | 274,112 | 61,614 | 12.1 | 72% |
| 2019 | 386,859 | 348,276 | 38,583 | 11.3 | 81% |
| 2020 | 1,220,201 | 672,393 | 547,808 | 15.6 | 60% |
| 2021 | 995,368 | 747,784 | 247,584 | 18.0 | 69% |
| 2022 | 1,217,471 | 984,642 | 232,829 | 16.5 | 71% |
| 2023 | 1,153,438 | 1,258,233 | −104,795 | 11.9 | 66% |
In its most recent public year (2023), this organization spent $104,795 more than it brought in. Its reserves stood at about 11.9 months of spending, down from 44.8 in 2015. Staff pay was 66% of spending. $252,821 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
Common Wealth Charlotte'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