Caro Water Supply Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 580,124 | 645,007 | −64,883 | 39.3 | 20% |
| 2021 | 584,385 | 642,682 | −58,297 | 38.4 | 21% |
| 2022 | 654,096 | 688,314 | −34,218 | 35.2 | 22% |
| 2023 | 705,364 | 691,905 | 13,459 | 35.3 | 23% |
In its most recent public year (2023), this organization brought in $13,459 more than it spent. Its reserves stood at about 35.3 months of spending, down from 39.3 in 2020. Staff pay was 23% 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 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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