Powerhouse Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 277,052 | 140,886 | 136,166 | 0.7 | 96% |
| 2017 | 266,344 | 266,344 | 0 | 0.7 | 72% |
| 2018 | 401,776 | 397,684 | 4,092 | 0.2 | 42% |
| 2019 | 363,527 | 361,770 | 1,757 | 0.3 | 55% |
| 2020 | 920,577 | 873,506 | 47,071 | 0.8 | 54% |
| 2021 | 1,970,706 | 2,011,305 | −40,599 | 0.1 | 38% |
| 2022 | 2,578,396 | 1,893,087 | 685,309 | 1.2 | 50% |
| 2023 | 3,114,912 | 2,067,134 | 1,047,778 | 7.2 | 54% |
In its most recent public year (2023), this organization brought in $1,047,778 more than it spent. Its reserves stood at about 7.2 months of spending, up from 0.7 in 2015. Staff pay was 54% 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
Powerhouse Community Development 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