Portsmouth Inner-City Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 98,538 | 131,565 | −33,027 | 81.0 | 61% |
| 2012 | 32,015 | 100,457 | −68,442 | 97.1 | 0% |
| 2013 | 32,931 | 91,726 | −58,795 | 98.6 | 46% |
| 2014 | 33,159 | 85,592 | −52,433 | 98.4 | 45% |
| 2015 | 45,121 | 80,918 | −35,797 | 98.7 | 39% |
| 2016 | 79,864 | 70,876 | 8,988 | 114.3 | 36% |
| 2017 | 127,679 | 135,915 | −8,236 | 59.3 | 5% |
| 2018 | 150,307 | 161,085 | −10,778 | 49.2 | 3% |
| 2019 | 145,716 | 156,268 | −10,552 | 49.9 | 3% |
In its most recent public year (2019), this organization spent $10,552 more than it brought in. Its reserves stood at about 49.9 months of spending, down from 81 in 2011. Staff pay was 3% 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 2019. 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
Portsmouth Inner-City Development Corporation's IRS filings as a feed — one entry per filing year, through 2019. 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