Saluda Shoals Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 262,211 | 158,558 | 103,653 | 19.4 | 0% |
| 2021 | 270,555 | 226,104 | 44,451 | 16.0 | 0% |
| 2022 | 314,127 | 183,321 | 130,806 | 24.9 | 0% |
| 2023 | 376,535 | 413,677 | −37,142 | 10.1 | 0% |
In its most recent public year (2023), this organization spent $37,142 more than it brought in. Its reserves stood at about 10.1 months of spending, down from 19.4 in 2020. Staff pay was 0% 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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