Promise Center Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 319,694 | 325,674 | −5,980 | 4.3 | 36% |
| 2012 | 224,242 | 261,539 | −37,297 | 3.7 | 46% |
| 2013 | 91,250 | 109,140 | −17,890 | 6.9 | — |
| 2014 | 166,911 | 170,976 | −4,065 | 4.1 | — |
| 2015 | 162,729 | 166,797 | −4,068 | 4.2 | — |
| 2016 | 184,004 | 190,152 | −6,148 | 3.1 | — |
| 2017 | 165,315 | 178,323 | −13,008 | 2.4 | — |
| 2018 | 264,018 | 256,169 | 7,849 | 2.0 | 56% |
| 2019 | 324,580 | 318,840 | 5,740 | 1.8 | 52% |
| 2020 | 340,165 | 356,524 | −16,359 | 3.2 | 54% |
| 2021 | 441,656 | 404,350 | 37,306 | 3.9 | 64% |
| 2022 | 656,953 | 631,230 | 25,723 | 3.0 | 59% |
In its most recent public year (2022), this organization brought in $25,723 more than it spent. Its reserves stood at about 3 months of spending, down from 4.3 in 2011. Staff pay was 59% 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 2022. 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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