North Carolina Joint Underwriting Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,220,964 | 47,848,627 | −31,627,663 | -1.2 | 1% |
| 2012 | 6,415,768 | 6,813,859 | −398,091 | -10.0 | 4% |
| 2013 | 36,545,545 | 33,744,350 | 2,801,195 | 6.9 | 4% |
| 2014 | 45,912,149 | 48,544,451 | −2,632,302 | 3.9 | 4% |
| 2015 | 60,140,249 | 51,911,888 | 8,228,361 | 5.3 | 4% |
| 2016 | 69,082,953 | 96,705,188 | −27,622,235 | 3.2 | 2% |
| 2017 | 75,546,965 | 62,816,718 | 12,730,247 | 3.6 | 3% |
| 2018 | 83,659,520 | 204,319,889 | −120,660,369 | 0.4 | 2% |
| 2019 | 89,250,714 | 99,132,317 | −9,881,603 | 2.9 | 5% |
| 2020 | 98,575,626 | 113,567,817 | −14,992,191 | 2.0 | 4% |
| 2021 | 111,313,450 | 109,911,248 | 1,402,202 | 2.4 | 4% |
| 2022 | 130,581,422 | 134,189,979 | −3,608,557 | 2.0 | 4% |
| 2023 | 165,509,271 | 158,154,651 | 7,354,620 | 2.1 | 4% |
In its most recent public year (2023), this organization brought in $7,354,620 more than it spent. Its reserves stood at about 2.1 months of spending, up from -1.2 in 2011. Staff pay was 4% 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
North Carolina Joint Underwriting Association'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