Progress Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,144,285 | 1,585,147 | 2,559,138 | 114.5 | 32% |
| 2012 | 2,818,935 | 1,466,444 | 1,352,491 | 134.8 | 32% |
| 2013 | 4,233,185 | 1,691,629 | 2,541,556 | 134.9 | 29% |
| 2014 | 4,090,622 | 1,692,377 | 2,398,245 | 151.8 | 32% |
| 2015 | 4,308,973 | 1,696,710 | 2,612,263 | 169.9 | 34% |
| 2016 | 4,220,094 | 1,482,031 | 2,738,063 | 216.7 | 35% |
| 2017 | 2,660,270 | 1,486,059 | 1,174,211 | 225.6 | 33% |
| 2018 | 3,003,099 | 1,461,874 | 1,541,225 | 242.0 | 37% |
| 2019 | 3,612,091 | 1,705,693 | 1,906,398 | 219.5 | 31% |
| 2020 | 12,277,681 | 1,716,443 | 10,561,238 | 291.7 | 33% |
| 2021 | 2,614,841 | 1,470,283 | 1,144,558 | 347.8 | 40% |
| 2022 | 5,589,608 | 1,460,409 | 4,129,199 | 384.1 | 43% |
| 2023 | 4,527,484 | 1,541,529 | 2,985,955 | 386.4 | 38% |
In its most recent public year (2023), this organization brought in $2,985,955 more than it spent. Its reserves stood at about 386.4 months of spending, up from 114.5 in 2011. Staff pay was 38% of spending. $2,835,317 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
Progress Fund'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