La Promise Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,678,863 | 2,812,074 | −133,211 | 5.8 | 52% |
| 2012 | 2,963,939 | 3,563,753 | −599,814 | 2.5 | 53% |
| 2013 | 3,069,172 | 3,429,139 | −359,967 | 1.4 | 48% |
| 2014 | 2,903,528 | 2,686,323 | 217,205 | 2.7 | 48% |
| 2015 | 3,960,100 | 3,116,412 | 843,688 | 5.6 | 49% |
| 2016 | 3,672,054 | 3,034,511 | 637,543 | 10.8 | 48% |
| 2017 | 5,131,977 | 5,769,247 | −637,270 | 4.3 | 42% |
| 2018 | 8,199,923 | 7,401,428 | 798,495 | 4.7 | 45% |
| 2019 | 9,264,786 | 8,557,854 | 706,932 | 5.0 | 45% |
| 2020 | 11,950,432 | 11,189,090 | 761,342 | 4.7 | 48% |
| 2021 | 12,859,195 | 10,774,753 | 2,084,442 | 7.2 | 49% |
| 2022 | 15,071,176 | 13,954,124 | 1,117,052 | 6.5 | 48% |
| 2023 | 13,745,998 | 15,302,635 | −1,556,637 | 4.7 | 50% |
In its most recent public year (2023), this organization spent $1,556,637 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 5.8 in 2011. Staff pay was 50% of spending. $633,767 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
La Promise Fund'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