People Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 45,288,880 | 43,063,375 | 2,225,505 | 4.3 | 64% |
| 2021 | 44,424,403 | 41,515,764 | 2,908,639 | 5.3 | 64% |
| 2022 | 48,704,001 | 45,097,590 | 3,606,411 | 5.8 | 67% |
| 2023 | 50,553,896 | 49,197,407 | 1,356,489 | 5.7 | 67% |
In its most recent public year (2023), this organization brought in $1,356,489 more than it spent. Its reserves stood at about 5.7 months of spending, up from 4.3 in 2020. Staff pay was 67% of spending. $3,985,681 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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