Poverty Solutions Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,426,048 | 1,992,069 | −566,021 | 2.2 | 0% |
| 2012 | 4,953,821 | 1,718,039 | 3,235,782 | 25.3 | 1% |
| 2013 | 4,060,591 | 2,991,314 | 1,069,277 | 4.9 | 4% |
| 2014 | 4,181,689 | 3,348,234 | 833,455 | 7.4 | 8% |
| 2015 | 4,934,215 | 3,586,663 | 1,347,552 | 11.4 | 0% |
| 2016 | 5,666,317 | 3,372,157 | 2,294,160 | 20.3 | 9% |
| 2017 | 670,697 | 1,101,073 | −430,376 | 12.1 | 8% |
| 2018 | 32,753 | 749,497 | −716,744 | 11.6 | 49% |
| 2019 | 2,592,697 | 622,767 | 1,969,930 | 52.2 | 12% |
| 2020 | 231,611 | 187,985 | 43,626 | 174.9 | 73% |
| 2021 | 4,792,625 | 296,959 | 4,495,666 | 218.2 | 69% |
| 2022 | 1,456,095 | 510,520 | 945,575 | 119.2 | 58% |
| 2023 | 3,825,665 | 627,834 | 3,197,831 | 162.4 | 20% |
In its most recent public year (2023), this organization brought in $3,197,831 more than it spent. Its reserves stood at about 162.4 months of spending, up from 2.2 in 2011. Staff pay was 20% of spending. $6,114,490 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
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