Carolina Charter Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,680,516 | 3,389,247 | 291,269 | 1.1 | 39% |
| 2021 | 4,467,245 | 4,228,460 | 238,785 | 1.5 | 44% |
| 2022 | 6,353,192 | 6,292,774 | 60,418 | 1.1 | 45% |
| 2023 | 8,744,766 | 7,679,292 | 1,065,474 | 2.6 | 40% |
In its most recent public year (2023), this organization brought in $1,065,474 more than it spent. Its reserves stood at about 2.6 months of spending, up from 1.1 in 2020. Staff pay was 40% 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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