Life Connections Of The Carolinas Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 24,194 | 20,477 | 3,717 | 2.2 | — |
| 2019 | 478,082 | 474,612 | 3,470 | 0.2 | 0% |
| 2020 | 713,350 | 750,025 | −36,675 | -0.5 | 9% |
| 2021 | 886,496 | 936,314 | −49,818 | -1.0 | 15% |
| 2022 | 836,627 | 886,442 | −49,815 | -1.7 | 21% |
| 2023 | 849,680 | 926,607 | −76,927 | -2.7 | 25% |
| 2024 | 916,959 | 950,442 | −33,483 | -2.6 | 13% |
In its most recent public year (2024), this organization spent $33,483 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.6 months), down from 2.2 in 2017. Staff pay was 13% 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
Life Connections Of The Carolinas Inc'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