Craven Literacy Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 137,347 | 127,000 | 10,347 | 3.7 | — |
| 2013 | 127,275 | 141,502 | −14,227 | 2.1 | — |
| 2014 | 156,090 | 140,765 | 15,325 | 3.4 | — |
| 2015 | 173,001 | 167,222 | 5,779 | 3.3 | — |
| 2016 | 188,779 | 181,640 | 7,139 | 3.5 | — |
| 2017 | 164,894 | 174,316 | −9,422 | 3.0 | — |
| 2018 | 164,756 | 158,137 | 6,619 | 3.8 | — |
| 2019 | 166,503 | 142,743 | 23,760 | 6.2 | — |
| 2020 | 153,360 | 140,641 | 12,719 | 7.4 | — |
| 2021 | 212,299 | 151,611 | 60,688 | 11.6 | 58% |
| 2022 | 198,848 | 153,981 | 44,867 | 15.0 | 0% |
| 2023 | 205,034 | 179,363 | 25,671 | 14.4 | 58% |
| 2024 | 205,574 | 182,219 | 23,355 | 15.7 | 57% |
In its most recent public year (2024), this organization brought in $23,355 more than it spent. Its reserves stood at about 15.7 months of spending, up from 3.7 in 2012. Staff pay was 57% 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 2024. 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
Craven Literacy Council's IRS filings as a feed — one entry per filing year, through 2024. 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