Carolina For Kibera Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 288,984 | 505,690 | −216,706 | 80.0 | 19% |
| 2021 | 2,762,390 | 1,069,626 | 1,692,764 | 62.3 | 21% |
| 2022 | 1,380,234 | 1,372,604 | 7,630 | 46.3 | 18% |
| 2023 | 1,060,067 | 1,017,787 | 42,280 | 64.0 | 28% |
In its most recent public year (2023), this organization brought in $42,280 more than it spent. Its reserves stood at about 64 months of spending, down from 80 in 2020. Staff pay was 28% of spending. $4,210,864 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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