Project Renewal Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 44,688,928 | 44,205,553 | 483,375 | 0.6 | 51% |
| 2012 | 50,084,584 | 48,578,422 | 1,506,162 | 1.0 | 49% |
| 2013 | 48,210,529 | 47,816,213 | 394,316 | 1.1 | 51% |
| 2014 | 50,777,728 | 50,717,514 | 60,214 | 1.0 | 51% |
| 2015 | 54,502,603 | 54,592,935 | −90,332 | 0.8 | 49% |
| 2016 | 66,153,251 | 66,146,049 | 7,202 | 0.7 | 45% |
| 2017 | 79,277,639 | 80,012,879 | −735,240 | 0.5 | 42% |
| 2018 | 82,691,539 | 83,700,421 | −1,008,882 | 0.2 | 41% |
| 2019 | 91,357,551 | 88,353,945 | 3,003,606 | 0.6 | 38% |
| 2020 | 98,863,613 | 98,269,615 | 593,998 | 0.7 | 39% |
| 2021 | 104,099,662 | 103,909,169 | 190,493 | 0.7 | 39% |
| 2022 | 114,099,875 | 108,332,086 | 5,767,789 | 1.3 | 42% |
| 2023 | 116,504,432 | 117,461,136 | −956,704 | 1.1 | 42% |
In its most recent public year (2023), this organization spent $956,704 more than it brought in. Its reserves stood at about 1.1 months of spending. Staff pay was 42% of spending. $4,661,599 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
Project Renewal Inc'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