Carters House
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 69,299 | 63,917 | 5,382 | 2.0 | — |
| 2021 | 148,304 | 169,374 | −21,070 | -0.7 | — |
| 2022 | 104,982 | 113,507 | −8,525 | -2.0 | — |
In its most recent public year (2022), this organization spent $8,525 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2 months), down from 2 in 2020.
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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