Pay It Forward Charleston
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 134,310 | 8,468 | 125,842 | 54.4 | — |
| 2021 | 72,936 | 68,480 | 4,456 | 7.5 | — |
| 2022 | 110,203 | 113,453 | −3,250 | 4.2 | — |
| 2023 | 120,280 | 134,825 | −14,545 | 2.2 | — |
In its most recent public year (2023), this organization spent $14,545 more than it brought in. Its reserves stood at about 2.2 months of spending, down from 54.4 in 2020.
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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