Carolinas Credit Union Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 424,504 | 486,813 | −62,309 | 40.1 | 13% |
| 2012 | 1,200,465 | 1,151,987 | 48,478 | 17.5 | 12% |
| 2013 | 789,135 | 583,404 | 205,731 | 38.8 | 22% |
| 2014 | 540,560 | 571,905 | −31,345 | 39.1 | 23% |
| 2015 | 795,230 | 1,415,815 | −620,585 | 10.5 | 8% |
| 2016 | 1,137,661 | 878,133 | 259,528 | 20.6 | 11% |
| 2018 | 2,007,947 | 1,337,065 | 670,882 | 19.6 | 10% |
| 2019 | 2,311,945 | 1,336,315 | 975,630 | 28.4 | 10% |
| 2020 | 3,242,614 | 2,485,602 | 757,012 | 19.0 | 5% |
| 2021 | 2,910,430 | 2,168,184 | 742,246 | 26.0 | 7% |
| 2022 | 3,334,879 | 3,445,381 | −110,502 | 15.6 | 6% |
| 2023 | 4,359,588 | 3,804,218 | 555,370 | 16.2 | 6% |
In its most recent public year (2023), this organization brought in $555,370 more than it spent. Its reserves stood at about 16.2 months of spending, down from 40.1 in 2011. Staff pay was 6% 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
Carolinas Credit Union Foundation Inc'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