Food For Families Nc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 63,984 | 57,145 | 6,839 | 1.4 | — |
| 2015 | 124,488 | 92,860 | 31,628 | 5.0 | — |
| 2016 | 67,902 | 57,026 | 10,876 | 10.4 | — |
| 2017 | 103,708 | 109,670 | −5,962 | 7.6 | — |
| 2018 | 386,517 | 112,945 | 273,572 | 36.4 | 0% |
| 2019 | 221,678 | 150,650 | 71,028 | 33.0 | 0% |
| 2020 | 753,894 | 506,084 | 247,810 | 15.7 | 2% |
| 2021 | 760,949 | 741,919 | 19,030 | 11.0 | 4% |
| 2022 | 2,217,080 | 669,902 | 1,547,178 | 39.9 | 7% |
| 2023 | 1,187,350 | 1,075,299 | 112,051 | 26.0 | 7% |
In its most recent public year (2023), this organization brought in $112,051 more than it spent. Its reserves stood at about 26 months of spending, up from 1.4 in 2014. Staff pay was 7% of spending. $2,124 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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