Promise World Mission Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 10,300 | 11,752 | −1,452 | 7.8 | — |
| 2013 | 21,482 | 21,398 | 84 | 0.0 | — |
| 2014 | 37,300 | 40,165 | −2,865 | 1.5 | — |
| 2015 | 37,848 | 34,593 | 3,255 | 2.8 | — |
| 2016 | 35,227 | 28,281 | 6,946 | 6.4 | — |
| 2017 | 29,895 | 35,135 | −5,240 | 3.4 | — |
| 2018 | 39,445 | 44,029 | −4,584 | 1.4 | — |
| 2019 | 39,198 | 25,055 | 14,143 | 9.3 | — |
| 2020 | 39,198 | 44,028 | −4,830 | 4.0 | — |
| 2021 | 53,239 | 56,985 | −3,746 | 2.3 | — |
| 2022 | 48,551 | 41,416 | 7,135 | 5.2 | — |
| 2023 | 17,250 | 25,297 | −8,047 | 4.7 | — |
In its most recent public year (2023), this organization spent $8,047 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 7.8 in 2012.
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
Promise World Mission Corporation'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