Charlotte Works
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,433,422 | 7,147,622 | −714,200 | 0.6 | 4% |
| 2012 | 7,167,412 | 7,079,694 | 87,718 | 1.7 | 40% |
| 2013 | 5,969,116 | 5,869,680 | 99,436 | 2.3 | 45% |
| 2014 | 6,967,489 | 7,028,535 | −61,046 | 1.8 | 39% |
| 2015 | 7,824,771 | 7,590,257 | 234,514 | 2.1 | 42% |
| 2016 | 7,679,348 | 8,006,322 | −326,974 | 1.5 | 42% |
| 2017 | 6,056,776 | 6,148,642 | −91,866 | 1.8 | 46% |
| 2018 | 6,932,474 | 6,906,478 | 25,996 | 1.8 | 42% |
| 2019 | 8,005,267 | 8,183,506 | −178,239 | 1.3 | 40% |
| 2020 | 8,196,108 | 8,086,249 | 109,859 | 1.5 | 13% |
| 2021 | 8,510,036 | 8,576,655 | −66,619 | 1.3 | 43% |
| 2022 | 8,600,774 | 8,694,394 | −93,620 | 1.1 | 43% |
| 2023 | 7,856,153 | 7,649,609 | 206,544 | 1.6 | 45% |
| 2024 | 6,765,585 | 6,556,307 | 209,278 | 2.2 | 54% |
In its most recent public year (2024), this organization brought in $209,278 more than it spent. Its reserves stood at about 2.2 months of spending, up from 0.6 in 2011. Staff pay was 54% of spending. $375,781 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
Charlotte Works's IRS filings as a feed — one entry per filing year, through 2024. 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