Urbanpromise Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 5,984,526 | 4,275,997 | 1,708,529 | 14.2 | 55% |
| 2022 | 6,909,584 | 4,943,196 | 1,966,388 | 17.0 | 52% |
| 2023 | 6,961,273 | 5,506,112 | 1,455,161 | 18.5 | 52% |
| 2024 | 6,253,853 | 5,815,912 | 437,941 | 18.4 | 53% |
In its most recent public year (2024), this organization brought in $437,941 more than it spent. Its reserves stood at about 18.4 months of spending, up from 14.2 in 2021. Staff pay was 53% of spending. $4,239,666 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 2024. 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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