Urban Promise Ministries Community Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 337,296 | 304,300 | 32,996 | 4.6 | 0% |
| 2021 | 318,705 | 270,206 | 48,499 | 7.3 | 0% |
| 2022 | 706,354 | 617,543 | 88,811 | 4.9 | 0% |
| 2023 | 468,424 | 601,373 | −132,949 | 2.4 | 0% |
In its most recent public year (2023), this organization spent $132,949 more than it brought in. Its reserves stood at about 2.4 months of spending, down from 4.6 in 2020. Staff pay was 0% 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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