Charlotte Regional Business Alliance Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 301,567 | 122,389 | 179,178 | 17.6 | 0% |
| 2020 | 146,022 | 77,176 | 68,846 | 38.6 | 0% |
| 2021 | 302,692 | 113,421 | 189,271 | 46.3 | 0% |
| 2022 | 635,840 | 415,119 | 220,721 | 19.0 | 39% |
| 2023 | 1,745,677 | 1,394,129 | 351,548 | 8.7 | 43% |
In its most recent public year (2023), this organization brought in $351,548 more than it spent. Its reserves stood at about 8.7 months of spending, down from 17.6 in 2019. Staff pay was 43% of spending. $285,707 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
Charlotte Regional Business Alliance Foundation'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