Cary Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,864,890 | 19,075,006 | −1,210,116 | 28.4 | 45% |
| 2012 | 32,879,076 | 19,294,813 | 13,584,263 | 36.4 | 46% |
| 2013 | 23,750,536 | 19,468,643 | 4,281,893 | 39.1 | 47% |
| 2014 | 26,194,092 | 20,209,001 | 5,985,091 | 41.9 | 47% |
| 2015 | 25,635,279 | 21,240,234 | 4,395,045 | 41.6 | 47% |
| 2016 | 21,492,696 | 22,320,118 | −827,422 | 39.4 | 46% |
| 2017 | 27,191,529 | 22,278,875 | 4,912,654 | 42.6 | 47% |
| 2018 | 24,610,600 | 22,573,690 | 2,036,910 | 42.5 | 46% |
| 2019 | 24,570,300 | 23,612,546 | 957,754 | 41.7 | 46% |
| 2020 | 23,263,342 | 24,276,593 | −1,013,251 | 39.5 | 48% |
| 2021 | 26,213,526 | 24,559,817 | 1,653,709 | 42.9 | 48% |
| 2022 | 28,768,362 | 26,746,569 | 2,021,793 | 37.2 | 46% |
| 2023 | 28,958,447 | 28,446,572 | 511,875 | 36.7 | 47% |
In its most recent public year (2023), this organization brought in $511,875 more than it spent. Its reserves stood at about 36.7 months of spending, up from 28.4 in 2011. Staff pay was 47% of spending. $41,483,354 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
Cary Academy'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