North Carolina Textile Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,712,091 | 1,778,602 | −66,511 | 220.0 | 0% |
| 2012 | 3,345,647 | 1,874,774 | 1,470,873 | 208.4 | 0% |
| 2013 | 4,574,753 | 2,017,953 | 2,556,800 | 224.8 | 0% |
| 2014 | 3,485,977 | 2,284,722 | 1,201,255 | 225.4 | 0% |
| 2015 | 5,165,430 | 2,488,682 | 2,676,748 | 212.2 | 0% |
| 2016 | 4,205,136 | 2,839,340 | 1,365,796 | 177.5 | 0% |
| 2017 | 3,635,548 | 3,102,541 | 533,007 | 175.7 | 0% |
| 2018 | 4,312,225 | 3,488,374 | 823,851 | 165.8 | 0% |
| 2019 | 14,792,675 | 4,063,829 | 10,728,846 | 185.8 | 0% |
| 2020 | 8,605,046 | 3,783,732 | 4,821,314 | 215.5 | 21% |
| 2021 | 14,376,026 | 3,253,748 | 11,122,278 | 329.3 | 19% |
| 2022 | 5,103,985 | 3,689,405 | 1,414,580 | 274.4 | 20% |
| 2023 | 6,538,403 | 4,719,381 | 1,819,022 | 212.9 | 18% |
| 2024 | 6,908,763 | 4,706,717 | 2,202,046 | 235.6 | 17% |
In its most recent public year (2024), this organization brought in $2,202,046 more than it spent. Its reserves stood at about 235.6 months of spending, up from 220 in 2011. Staff pay was 17% of spending. $87,011,290 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
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