everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Charlotte Area Fund Inc 1326

Charlotte, NC / EIN 56-6063127 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20111,561,3821,561,0593230.742%
20121,095,5801,106,716−11,1360.851%
20131,100,7401,117,034−16,2940.647%
20141,142,0481,146,703−4,6550.647%
20151,353,7051,335,81517,8900.745%
20161,413,7091,444,446−30,7370.744%
20171,459,2481,461,602−2,3540.648%
20181,641,4721,639,5781,8940.745%
20191,564,3011,583,754−19,4530.640%
20201,745,6841,819,631−73,9470.342%
20213,737,9902,790,208947,7824.332%
20222,384,7582,378,3496,4095.336%
20232,676,1582,645,49030,6684.929%

In its most recent public year (2023), this organization brought in $30,668 more than it spent. Its reserves stood at about 4.9 months of spending, up from 0.7 in 2011. Staff pay was 29% of spending.

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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