People Launching Of North Carolina
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 92,785 | 92,254 | 531 | 0.1 | — |
| 2020 | 114,254 | 97,780 | 16,474 | 2.1 | — |
| 2021 | 99,234 | 85,830 | 13,404 | 4.3 | — |
| 2022 | 147,641 | 152,684 | −5,043 | 2.0 | — |
| 2023 | 86,800 | 107,118 | −20,318 | 0.6 | — |
In its most recent public year (2023), this organization spent $20,318 more than it brought in. Its reserves stood at about 0.6 months 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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