Who Is Carter Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 40,121 | 31,794 | 8,327 | 3.1 | — |
| 2018 | 323,654 | 173,378 | 150,276 | 11.0 | 0% |
| 2019 | 836,557 | 528,277 | 308,280 | 10.6 | 10% |
| 2020 | 212,054 | 248,514 | −36,460 | 20.8 | 38% |
| 2021 | 321,329 | 255,499 | 65,830 | 15.5 | 33% |
| 2022 | 17,031 | 43,629 | −26,598 | 83.6 | 32% |
| 2023 | 9,874 | 7,704 | 2,170 | 453.8 | — |
In its most recent public year (2023), this organization brought in $2,170 more than it spent. Its reserves stood at about 453.8 months of spending, up from 3.1 in 2017.
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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