South Carolina Association Of Independent Home Schools
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 448,355 | 371,017 | 77,338 | 5.6 | 63% |
| 2021 | 511,220 | 462,551 | 48,669 | 5.7 | 62% |
| 2022 | 550,205 | 598,714 | −48,509 | 3.5 | 59% |
| 2023 | 610,741 | 651,169 | −40,428 | 2.7 | 62% |
In its most recent public year (2023), this organization spent $40,428 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 5.6 in 2020. Staff pay was 62% 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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