Greater Raleigh Area Christian Education Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,597,049 | 8,367,648 | 229,401 | 12.0 | 55% |
| 2021 | 9,769,685 | 8,778,924 | 990,761 | 12.9 | 58% |
| 2022 | 9,849,969 | 9,267,040 | 582,929 | 12.9 | 58% |
| 2023 | 11,264,287 | 10,764,726 | 499,561 | 11.7 | 54% |
| 2024 | 16,484,685 | 12,989,704 | 3,494,981 | 12.9 | 52% |
In its most recent public year (2024), this organization brought in $3,494,981 more than it spent. Its reserves stood at about 12.9 months of spending. Staff pay was 52% of spending. $2,474,464 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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