Cape Fear Literacy Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 377,114 | 393,995 | −16,881 | 19.0 | 61% |
| 2012 | 374,735 | 392,167 | −17,432 | 18.6 | 57% |
| 2013 | 447,955 | 429,653 | 18,302 | 18.6 | 60% |
| 2014 | 494,274 | 452,134 | 42,140 | 18.8 | 57% |
| 2015 | 486,041 | 411,278 | 74,763 | 22.9 | 53% |
| 2016 | 454,481 | 438,591 | 15,890 | 22.6 | 56% |
| 2017 | 488,679 | 387,975 | 100,704 | 29.3 | 57% |
| 2018 | 513,494 | 391,464 | 122,030 | 32.6 | 59% |
| 2019 | 572,585 | 446,217 | 126,368 | 32.4 | 54% |
| 2020 | 468,375 | 426,461 | 41,914 | 35.4 | 57% |
| 2021 | 533,734 | 427,871 | 105,863 | 38.5 | 56% |
| 2022 | 558,731 | 489,011 | 69,720 | 34.6 | 51% |
| 2023 | 655,738 | 492,578 | 163,160 | 39.1 | 56% |
In its most recent public year (2023), this organization brought in $163,160 more than it spent. Its reserves stood at about 39.1 months of spending, up from 19 in 2011. Staff pay was 56% of spending. $151,622 of its net assets are donor-restricted.
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
Cape Fear Literacy Council'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