The Carver Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 6,208,186 | 4,763,495 | 1,444,691 | 11.4 | 62% |
| 2022 | 9,148,102 | 7,621,996 | 1,526,106 | 9.5 | 56% |
| 2023 | 8,698,550 | 9,831,239 | −1,132,689 | 6.0 | 57% |
| 2024 | 9,857,796 | 9,562,541 | 295,255 | 6.6 | 59% |
In its most recent public year (2024), this organization brought in $295,255 more than it spent. Its reserves stood at about 6.6 months of spending, down from 11.4 in 2021. Staff pay was 59% of spending. $1,757,053 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 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
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