Literacy Council Of Carroll County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 50,175 | 32,574 | 17,601 | 12.7 | 52% |
| 2017 | 47,917 | 35,073 | 12,844 | 17.7 | — |
| 2018 | 47,738 | 48,035 | −297 | 17.8 | — |
| 2019 | 56,919 | 61,026 | −4,107 | 13.2 | — |
| 2020 | 91,631 | 84,539 | 7,092 | 10.5 | — |
| 2021 | 92,170 | 93,047 | −877 | 10.1 | — |
| 2022 | 83,275 | 130,574 | −47,299 | 2.9 | — |
| 2023 | 114,243 | 122,282 | −8,039 | 2.3 | — |
In its most recent public year (2023), this organization spent $8,039 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 12.7 in 2016.
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
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