Soccer Foundation Of Charlotte
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 319,465 | 210,606 | 108,859 | 10.4 | 45% |
| 2023 | 358,079 | 293,892 | 64,187 | 10.1 | 47% |
| 2024 | 34,322 | 93,556 | −59,234 | 24.1 | 27% |
In its most recent public year (2024), this organization spent $59,234 more than it brought in. Its reserves stood at about 24.1 months of spending, up from 10.4 in 2022. Staff pay was 27% 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 2024. 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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