Learning Help Centers Of Charlotte
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 11,629 | 9,316 | 2,313 | 3.0 | — |
| 2013 | 27,918 | 17,330 | 10,588 | 7.6 | 0% |
| 2014 | 65,429 | 48,131 | 17,298 | 7.1 | 41% |
| 2015 | 71,418 | 78,380 | −6,962 | 3.3 | 40% |
| 2016 | 78,016 | 76,161 | 1,855 | 3.7 | 39% |
| 2017 | 86,435 | 78,547 | 7,888 | 4.8 | — |
| 2018 | 84,081 | 80,926 | 3,155 | 5.8 | — |
| 2019 | 99,223 | 79,095 | 20,128 | 10.7 | — |
| 2020 | 175,477 | 111,194 | 64,283 | 14.1 | — |
| 2021 | 194,716 | 119,505 | 75,211 | 29.3 | — |
| 2022 | 260,157 | 248,453 | 11,704 | 16.0 | 28% |
| 2023 | 290,835 | 249,078 | 41,757 | 18.2 | 28% |
In its most recent public year (2023), this organization brought in $41,757 more than it spent. Its reserves stood at about 18.2 months of spending, up from 3 in 2012. Staff pay was 28% of spending. $37,959 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
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