People Of Praise Minn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 5,005,708 | 2,757,691 | 2,248,017 | 84.2 | 15% |
| 2013 | 1,401,600 | 1,808,865 | −407,265 | 127.2 | 22% |
| 2014 | 1,521,553 | 1,869,464 | −347,911 | 121.8 | 23% |
| 2015 | 1,910,507 | 1,829,192 | 81,315 | 125.0 | 24% |
| 2016 | 1,640,649 | 2,045,236 | −404,587 | 109.1 | 22% |
| 2017 | 1,582,550 | 2,062,649 | −480,099 | 106.4 | 22% |
| 2018 | 1,590,414 | 1,842,774 | −252,360 | 118.3 | 24% |
| 2019 | 1,622,911 | 1,849,590 | −226,679 | 116.9 | 21% |
| 2020 | 1,554,342 | 1,884,634 | −330,292 | 112.9 | 23% |
| 2021 | 1,576,879 | 1,718,097 | −141,218 | 128.4 | 24% |
| 2022 | 1,110,529 | 1,923,860 | −813,331 | 109.6 | 20% |
| 2023 | 2,040,553 | 2,031,297 | 9,256 | 103.9 | 21% |
In its most recent public year (2023), this organization brought in $9,256 more than it spent. Its reserves stood at about 103.9 months of spending, up from 84.2 in 2012. Staff pay was 21% of spending. $1,567,990 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
People Of Praise Minn Inc'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