Parachute Credit Counseling Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,586,288 | 1,551,305 | 34,983 | 5.2 | 42% |
| 2012 | 1,534,203 | 1,502,695 | 31,508 | 5.7 | 42% |
| 2013 | 1,577,409 | 1,538,770 | 38,639 | 5.8 | 42% |
| 2014 | 1,464,684 | 1,539,871 | −75,187 | 5.2 | 42% |
| 2015 | 1,269,370 | 1,328,612 | −59,242 | 5.5 | 47% |
| 2016 | 1,278,944 | 1,317,936 | −38,992 | 5.2 | 49% |
| 2017 | 1,412,298 | 1,409,550 | 2,748 | 5.1 | 48% |
| 2018 | 1,556,577 | 1,545,378 | 11,199 | 4.6 | 48% |
| 2019 | 1,704,474 | 1,602,659 | 101,815 | 5.4 | 48% |
| 2020 | 1,868,155 | 1,753,087 | 115,068 | 5.8 | 48% |
| 2021 | 2,023,001 | 1,699,035 | 323,966 | 8.4 | 52% |
| 2022 | 1,698,417 | 1,698,094 | 323 | 8.1 | 51% |
| 2023 | 1,656,143 | 1,704,761 | −48,618 | 8.1 | 54% |
In its most recent public year (2023), this organization spent $48,618 more than it brought in. Its reserves stood at about 8.1 months of spending, up from 5.2 in 2011. Staff pay was 54% 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
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