Carolina Business Capital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 517,930 | 348,749 | 169,181 | 122.4 | 60% |
| 2012 | 483,668 | 334,984 | 148,684 | 133.5 | 63% |
| 2013 | 487,145 | 458,713 | 28,432 | 98.1 | 51% |
| 2014 | 589,932 | 402,755 | 187,177 | 119.6 | 59% |
| 2015 | 372,656 | 462,154 | −89,498 | 97.2 | 31% |
| 2016 | 447,424 | 536,317 | −88,893 | 84.4 | 33% |
| 2017 | 508,454 | 583,849 | −75,395 | 82.0 | 39% |
| 2018 | 673,105 | 647,545 | 25,560 | 75.1 | 34% |
| 2019 | 700,951 | 645,077 | 55,874 | 74.6 | 38% |
| 2020 | 950,472 | 579,118 | 371,354 | 87.1 | 39% |
| 2021 | 599,489 | 506,833 | 92,656 | 110.1 | 40% |
| 2022 | 691,747 | 550,254 | 141,493 | 87.8 | 44% |
| 2023 | 647,224 | 754,757 | −107,533 | 69.9 | 45% |
In its most recent public year (2023), this organization spent $107,533 more than it brought in. Its reserves stood at about 69.9 months of spending, down from 122.4 in 2011. Staff pay was 45% 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
Carolina Business Capital's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works