Southeast Raleigh Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 142,773 | 95,828 | 46,945 | -27.3 | 0% |
| 2015 | 312,278 | 39,919 | 272,359 | 16.1 | 0% |
| 2016 | 267,388 | 308,909 | −41,521 | 2.2 | 8% |
| 2017 | 792,950 | 752,014 | 40,936 | 1.5 | 1% |
| 2018 | 234,583 | 314,432 | −79,849 | 0.5 | 12% |
| 2019 | 1,212,108 | 1,216,951 | −4,843 | 0.1 | 5% |
| 2020 | 514,951 | 501,499 | 13,452 | 0.6 | 6% |
| 2021 | 878,699 | 102,026 | 776,673 | 100.3 | 0% |
| 2022 | 523,865 | 557,579 | −33,714 | 0.6 | 0% |
| 2023 | 48,147 | 53,858 | −5,711 | 5.3 | 0% |
In its most recent public year (2023), this organization spent $5,711 more than it brought in. Its reserves stood at about 5.3 months of spending, up from -27.3 in 2014. Staff pay was 0% 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
Southeast Raleigh Community Development Corporation'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