Raleigh Dream Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 112,199 | 99,001 | 13,198 | 3.8 | — |
| 2017 | 144,887 | 113,986 | 30,901 | 6.6 | — |
| 2018 | 279,448 | 210,803 | 68,645 | 7.5 | 40% |
| 2019 | 241,015 | 248,813 | −7,798 | 5.9 | 52% |
| 2020 | 843,222 | 475,923 | 367,299 | 12.4 | 33% |
| 2021 | 2,520,331 | 2,175,398 | 344,933 | 4.6 | 13% |
| 2022 | 3,177,829 | 2,693,512 | 484,317 | 5.9 | 14% |
| 2023 | 3,658,446 | 4,397,471 | −739,025 | 4.2 | 10% |
In its most recent public year (2023), this organization spent $739,025 more than it brought in. Its reserves stood at about 4.2 months of spending. Staff pay was 10% of spending. $29,747 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
Raleigh Dream Center's IRS filings as a feed — one entry per filing year, through 2023. 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