Waterfire Providence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,644,694 | 1,721,547 | −76,853 | 2.8 | 45% |
| 2012 | 2,479,804 | 1,713,012 | 766,792 | 8.2 | 46% |
| 2013 | 1,905,983 | 2,172,257 | −266,274 | 5.0 | 46% |
| 2014 | 2,318,515 | 2,158,717 | 159,798 | 6.0 | 47% |
| 2015 | 3,860,662 | 2,281,263 | 1,579,399 | 13.9 | 45% |
| 2016 | 5,564,613 | 2,372,405 | 3,192,208 | 29.6 | 49% |
| 2017 | 2,558,256 | 2,509,312 | 48,944 | 28.2 | 47% |
| 2018 | 2,434,952 | 2,574,801 | −139,849 | 26.8 | 42% |
| 2019 | 5,064,193 | 2,664,586 | 2,399,607 | 36.7 | 43% |
| 2020 | 1,986,031 | 1,933,631 | 52,400 | 50.9 | 45% |
| 2021 | 2,564,695 | 2,066,813 | 497,882 | 50.5 | 52% |
| 2022 | 3,741,484 | 3,533,776 | 207,708 | 30.3 | 45% |
| 2023 | 2,968,528 | 3,859,546 | −891,018 | 24.7 | 52% |
In its most recent public year (2023), this organization spent $891,018 more than it brought in. Its reserves stood at about 24.7 months of spending, up from 2.8 in 2011. Staff pay was 52% of spending. $190,675 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
Waterfire Providence'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