Burke County Literacy Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 126,270 | 125,671 | 599 | 6.9 | — |
| 2021 | 161,349 | 119,997 | 41,352 | 11.4 | — |
| 2022 | 116,372 | 106,539 | 9,833 | 14.1 | 59% |
| 2023 | 107,372 | 105,068 | 2,304 | 14.5 | 60% |
In its most recent public year (2023), this organization brought in $2,304 more than it spent. Its reserves stood at about 14.5 months of spending, up from 6.9 in 2020. Staff pay was 60% of spending. $25,952 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
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