Urbanpromise Charlotte
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 372,224 | 203,094 | 169,130 | 10.0 | 65% |
| 2017 | 717,462 | 666,664 | 50,798 | 4.0 | 68% |
| 2018 | 984,652 | 1,121,410 | −136,758 | 0.9 | 63% |
| 2019 | 1,388,255 | 1,263,506 | 124,749 | 2.0 | 64% |
| 2020 | 1,681,251 | 1,314,721 | 366,530 | 5.2 | 62% |
| 2021 | 1,848,909 | 1,788,897 | 60,012 | 4.3 | 66% |
| 2022 | 3,303,316 | 2,175,300 | 1,128,016 | 9.7 | 57% |
| 2023 | 2,315,390 | 2,561,207 | −245,817 | 7.1 | 60% |
| 2024 | 2,597,754 | 2,998,496 | −400,742 | 4.5 | 61% |
In its most recent public year (2024), this organization spent $400,742 more than it brought in. Its reserves stood at about 4.5 months of spending, down from 10 in 2016. Staff pay was 61% of spending. $822,211 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 2024. 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
Urbanpromise Charlotte's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works