Knoxville Racing Charitable Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 82,363 | 66,880 | 15,483 | 11.7 | 0% |
| 2013 | 84,601 | 95,318 | −10,717 | 6.9 | 0% |
| 2014 | 107,060 | 96,328 | 10,732 | 8.1 | 0% |
| 2015 | 93,407 | 116,216 | −22,809 | 4.4 | 0% |
| 2016 | 101,811 | 82,030 | 19,781 | 9.1 | 0% |
| 2017 | 111,749 | 119,998 | −8,249 | 5.4 | 0% |
| 2018 | 113,945 | 111,833 | 2,112 | 6.0 | 0% |
| 2019 | 139,045 | 104,547 | 34,498 | 10.4 | 0% |
| 2020 | 80,926 | 104,170 | −23,244 | 7.8 | 0% |
| 2021 | 135,192 | 43,610 | 91,582 | 43.7 | 0% |
| 2022 | 165,206 | 148,650 | 16,556 | 14.2 | 0% |
In its most recent public year (2022), this organization brought in $16,556 more than it spent. Its reserves stood at about 14.2 months of spending, up from 11.7 in 2012. Staff pay was 0% 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 2022. 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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