Family Promise Of The Lowcountry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 152,581 | 169,294 | −16,713 | 9.4 | — |
| 2012 | 200,581 | 248,968 | −48,387 | 4.1 | 48% |
| 2013 | 367,398 | 281,827 | 85,571 | 7.2 | 41% |
| 2014 | 520,062 | 244,883 | 275,179 | 18.0 | 18% |
| 2015 | 393,140 | 306,502 | 86,638 | 17.8 | 46% |
| 2016 | 363,833 | 337,452 | 26,381 | 17.1 | 51% |
| 2017 | 434,064 | 329,191 | 104,873 | 22.3 | 50% |
| 2018 | 399,676 | 380,909 | 18,767 | 19.5 | 44% |
| 2019 | 482,668 | 398,305 | 84,363 | 21.2 | 47% |
| 2020 | 682,100 | 407,118 | 274,982 | 28.8 | 48% |
| 2021 | 628,425 | 500,838 | 127,587 | 26.5 | 40% |
| 2022 | 623,147 | 490,362 | 132,785 | 30.3 | 41% |
| 2023 | 549,032 | 624,328 | −75,296 | 22.4 | 38% |
In its most recent public year (2023), this organization spent $75,296 more than it brought in. Its reserves stood at about 22.4 months of spending, up from 9.4 in 2011. Staff pay was 38% of spending. $88,323 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
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