Better Business Bureau Of Central & Northwest North Carolina
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 562,332 | 503,929 | 58,403 | 14.0 | 43% |
| 2012 | 675,890 | 600,526 | 75,364 | 13.3 | 36% |
| 2013 | 673,053 | 647,189 | 25,864 | 12.8 | 37% |
| 2014 | 762,401 | 711,741 | 50,660 | 12.5 | 38% |
| 2015 | 798,057 | 754,610 | 43,447 | 12.5 | 39% |
| 2016 | 803,407 | 838,131 | −34,724 | 10.7 | 39% |
| 2017 | 878,383 | 844,856 | 33,527 | 11.1 | 36% |
| 2018 | 902,805 | 839,570 | 63,235 | 12.1 | 38% |
| 2019 | 1,316,140 | 1,389,585 | −73,445 | 7.6 | 48% |
| 2020 | 1,407,307 | 1,463,160 | −55,853 | 6.8 | 51% |
| 2021 | 1,338,599 | 1,513,549 | −174,950 | 5.5 | 50% |
| 2022 | 1,588,498 | 1,509,819 | 78,679 | 5.2 | 9% |
| 2023 | 1,436,841 | 1,505,369 | −68,528 | 5.0 | 53% |
In its most recent public year (2023), this organization spent $68,528 more than it brought in. Its reserves stood at about 5 months of spending, down from 14 in 2011. Staff pay was 53% 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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