North Florida Letter Carriers
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 445,649 | 433,364 | 12,285 | 8.1 | 59% |
| 2020 | 438,624 | 363,840 | 74,784 | 12.1 | 62% |
| 2021 | 399,868 | 381,552 | 18,316 | 12.0 | 65% |
| 2022 | 647,048 | 732,531 | −85,483 | 4.9 | 36% |
In its most recent public year (2022), this organization spent $85,483 more than it brought in. Its reserves stood at about 4.9 months of spending, down from 8.1 in 2019. Staff pay was 36% 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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