Carpet & Rug Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 4,154,796 | 4,601,328 | −446,532 | 16.7 | 20% |
| 2015 | 5,263,926 | 8,427,849 | −3,163,923 | 4.6 | 13% |
| 2016 | 8,493,071 | 8,405,889 | 87,182 | 4.7 | 12% |
| 2017 | 8,529,259 | 7,134,062 | 1,395,197 | 7.9 | 15% |
| 2018 | 7,967,436 | 7,158,603 | 808,833 | 9.2 | 17% |
| 2019 | 8,712,284 | 7,631,755 | 1,080,529 | 10.4 | 18% |
| 2020 | 6,099,937 | 6,223,331 | −123,394 | 12.5 | 19% |
| 2021 | 6,354,333 | 5,259,950 | 1,094,383 | 16.9 | 25% |
| 2022 | 2,346,028 | 4,637,692 | −2,291,664 | 12.5 | 27% |
In its most recent public year (2022), this organization spent $2,291,664 more than it brought in. Its reserves stood at about 12.5 months of spending, down from 16.7 in 2014. Staff pay was 27% 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 2022. 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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