Carolina Friends School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,786,771 | 8,831,605 | 955,166 | 23.2 | 53% |
| 2012 | 12,232,263 | 9,146,366 | 3,085,897 | 25.7 | 52% |
| 2013 | 11,548,773 | 9,610,221 | 1,938,552 | 28.5 | 51% |
| 2014 | 11,624,941 | 10,078,962 | 1,545,979 | 31.3 | 52% |
| 2015 | 12,358,919 | 11,244,579 | 1,114,340 | 28.5 | 49% |
| 2016 | 11,217,795 | 10,882,118 | 335,677 | 29.1 | 51% |
| 2017 | 13,567,322 | 11,467,059 | 2,100,263 | 30.2 | 50% |
| 2018 | 13,459,958 | 11,374,456 | 2,085,502 | 32.2 | 52% |
| 2019 | 14,766,399 | 12,502,498 | 2,263,901 | 30.5 | 49% |
| 2020 | 13,909,604 | 12,689,003 | 1,220,601 | 30.1 | 50% |
| 2021 | 15,676,975 | 14,251,632 | 1,425,343 | 31.9 | 47% |
| 2022 | 15,941,708 | 14,009,389 | 1,932,319 | 30.0 | 49% |
| 2023 | 16,601,253 | 15,680,013 | 921,240 | 28.6 | 47% |
In its most recent public year (2023), this organization brought in $921,240 more than it spent. Its reserves stood at about 28.6 months of spending, up from 23.2 in 2011. Staff pay was 47% of spending. $21,007,666 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
Carolina Friends School'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