Innovate Charlotte
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 90,659 | 34,824 | 55,835 | 20.6 | — |
| 2021 | 117,270 | 188,012 | −70,742 | 2.8 | — |
| 2022 | 106,677 | 134,175 | −27,498 | 1.5 | — |
| 2023 | 115,676 | 35,167 | 80,509 | 33.2 | — |
In its most recent public year (2023), this organization brought in $80,509 more than it spent. Its reserves stood at about 33.2 months of spending, up from 20.6 in 2019.
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
Innovate Charlotte's IRS filings as a feed — one entry per filing year, through 2023. 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