Charlotte Speech And Hearing Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,255,537 | 2,297,241 | −41,704 | 9.0 | 63% |
| 2021 | 2,394,710 | 2,283,565 | 111,145 | 9.6 | 59% |
| 2022 | 2,525,265 | 2,468,220 | 57,045 | 8.9 | 62% |
| 2023 | 2,762,929 | 2,776,982 | −14,053 | 7.8 | 61% |
| 2024 | 3,100,677 | 3,229,540 | −128,863 | 6.3 | 62% |
In its most recent public year (2024), this organization spent $128,863 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 9 in 2020. Staff pay was 62% of spending. $249,954 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
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