Porto Charities Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 112,057 | 90,958 | 21,099 | 16.8 | — |
| 2012 | 129,503 | 96,726 | 32,777 | 19.9 | — |
| 2013 | 123,530 | 98,630 | 24,900 | 22.5 | — |
| 2014 | 124,742 | 109,400 | 15,342 | 22.0 | — |
| 2015 | 141,849 | 137,548 | 4,301 | 17.9 | — |
| 2016 | 128,510 | 118,626 | 9,884 | 21.7 | — |
| 2017 | 135,213 | 127,897 | 7,316 | 20.8 | — |
| 2018 | 180,026 | 150,394 | 29,632 | 20.1 | — |
| 2019 | 194,143 | 196,657 | −2,514 | 15.2 | — |
| 2020 | 86,951 | 149,930 | −62,979 | 14.9 | — |
| 2021 | 250,792 | 142,187 | 108,605 | 24.2 | 33% |
| 2022 | 230,139 | 208,877 | 21,262 | 17.7 | 35% |
| 2023 | 444,578 | 300,795 | 143,783 | 18.3 | 25% |
In its most recent public year (2023), this organization brought in $143,783 more than it spent. Its reserves stood at about 18.3 months of spending, up from 16.8 in 2011. Staff pay was 25% 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
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