Carter Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 525,770 | 68,471 | 457,299 | 75.9 | 0% |
| 2022 | 0 | 6,976 | −6,976 | 594.6 | 0% |
| 2023 | 7,475 | 118,923 | −111,448 | 22.5 | 50% |
In its most recent public year (2023), this organization spent $111,448 more than it brought in. Its reserves stood at about 22.5 months of spending. Staff pay was 50% 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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