Carolina Public Press Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 623,820 | 520,015 | 103,805 | 7.7 | 52% |
| 2021 | 794,749 | 625,517 | 169,232 | 9.5 | 58% |
| 2022 | 600,397 | 702,985 | −102,588 | 6.7 | 63% |
| 2023 | 404,183 | 643,064 | −238,881 | 2.9 | 60% |
In its most recent public year (2023), this organization spent $238,881 more than it brought in. Its reserves stood at about 2.9 months of spending, down from 7.7 in 2020. Staff pay was 60% 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 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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