Carter & Carter Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 36,005 | 35,025 | 980 | 0.3 | — |
| 2019 | 1,102 | 1,735 | −633 | 2.4 | — |
| 2020 | 47,291 | 25,784 | 21,507 | 10.2 | — |
| 2021 | 1 | 20,898 | −20,897 | 0.5 | — |
| 2022 | 537,197 | 35,079 | 502,118 | 172.1 | 0% |
| 2023 | 41,493 | 10,895 | 30,598 | 587.8 | 0% |
In its most recent public year (2023), this organization brought in $30,598 more than it spent. Its reserves stood at about 587.8 months of spending, up from 0.3 in 2018. Staff pay was 0% 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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