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| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 533,509 | 371,456 | 162,053 | 8.2 | 6% |
| 2017 | 616,256 | 742,748 | −126,492 | 2.1 | 12% |
| 2018 | 760,152 | 710,044 | 50,108 | 3.0 | 13% |
| 2019 | 950,040 | 844,657 | 105,383 | 4.0 | 13% |
| 2020 | 659,307 | 517,772 | 141,535 | 9.9 | 23% |
| 2021 | 394,274 | 421,527 | −27,253 | 11.3 | 15% |
| 2022 | 2,011,206 | 1,266,648 | 744,558 | 10.8 | 13% |
| 2023 | 1,957,777 | 1,665,356 | 292,421 | 10.3 | 10% |
| 2024 | 2,081,591 | 2,316,227 | −234,636 | 6.2 | 8% |
In its most recent public year (2024), this organization spent $234,636 more than it brought in. Its reserves stood at about 6.2 months of spending, down from 8.2 in 2016. Staff pay was 8% 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
Visit Carmel'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