Carolina Federation Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 366,300 | 195,404 | 170,896 | 10.5 | 0% |
| 2022 | 1,275,241 | 700,870 | 574,371 | 12.8 | 17% |
| 2023 | 1,293,191 | 773,184 | 520,007 | 19.6 | 66% |
In its most recent public year (2023), this organization brought in $520,007 more than it spent. Its reserves stood at about 19.6 months of spending, up from 10.5 in 2021. Staff pay was 66% of spending. $400,000 of its net assets are donor-restricted.
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
Carolina Federation Fund'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