Jones Carter Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 51,690 | 802 | 50,888 | 761.4 | — |
| 2021 | 258,234 | 45,276 | 212,958 | 69.9 | 0% |
| 2022 | 83,501 | 149,031 | −65,530 | 16.0 | 0% |
In its most recent public year (2022), this organization spent $65,530 more than it brought in. Its reserves stood at about 16 months of spending, down from 761.4 in 2020. 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 2022. 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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