Lamb Foundation Of North Carolina Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 670,039 | 616,566 | 53,473 | 8.1 | 0% |
| 2013 | 681,426 | 698,507 | −17,081 | 6.8 | 0% |
| 2014 | 660,386 | 682,031 | −21,645 | 6.6 | 0% |
| 2015 | 679,613 | 625,716 | 53,897 | 8.2 | 0% |
| 2016 | 597,100 | 601,253 | −4,153 | 8.5 | 0% |
| 2017 | 583,263 | 587,345 | −4,082 | 8.6 | 0% |
| 2018 | 639,946 | 677,516 | −37,570 | 6.8 | 0% |
| 2019 | 546,337 | 575,077 | −28,740 | 7.4 | 0% |
| 2020 | 438,036 | 552,521 | −114,485 | 5.2 | 0% |
| 2021 | 348,961 | 293,347 | 55,614 | 12.2 | 0% |
| 2022 | 524,851 | 495,149 | 29,702 | 8.0 | 0% |
| 2023 | 537,220 | 534,813 | 2,407 | 7.4 | 0% |
In its most recent public year (2023), this organization brought in $2,407 more than it spent. Its reserves stood at about 7.4 months of spending. Staff pay was 0% of spending. $258,770 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
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