Charles City Area Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 338,902 | 385,549 | −46,647 | 31.5 | 27% |
| 2013 | 316,157 | 336,754 | −20,597 | 35.4 | 30% |
| 2014 | 374,650 | 392,911 | −18,261 | 29.8 | 26% |
| 2015 | 362,671 | 309,713 | 52,958 | 39.8 | 35% |
| 2016 | 420,724 | 421,798 | −1,074 | 29.2 | 26% |
| 2017 | 473,118 | 459,070 | 14,048 | 27.2 | 25% |
| 2018 | 454,642 | 453,100 | 1,542 | 27.6 | 25% |
| 2019 | 496,873 | 555,301 | −58,428 | 21.3 | 22% |
| 2020 | 2,647,261 | 512,493 | 2,134,768 | 73.0 | 24% |
| 2021 | 500,222 | 451,338 | 48,884 | 84.2 | 28% |
| 2022 | 254,975 | 348,066 | −93,091 | 106.0 | 35% |
| 2023 | 247,131 | 298,397 | −51,266 | 121.6 | 47% |
| 2024 | 243,060 | 298,302 | −55,242 | 119.4 | 46% |
In its most recent public year (2024), this organization spent $55,242 more than it brought in. Its reserves stood at about 119.4 months of spending, up from 31.5 in 2012. Staff pay was 46% 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 2024. 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
Charles City Area Development Corporation's IRS filings as a feed — one entry per filing year, through 2024. 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