Iredell Community Outreach Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 88,898 | 88,268 | 630 | 1.1 | — |
| 2022 | 196,817 | 157,782 | 39,035 | 3.6 | 21% |
| 2023 | 125,981 | 145,729 | −19,748 | 2.2 | 46% |
In its most recent public year (2023), this organization spent $19,748 more than it brought in. Its reserves stood at about 2.2 months of spending, up from 1.1 in 2021. Staff pay was 46% 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
Iredell Community Outreach Association'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