Boston Project Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 472,541 | 369,487 | 103,054 | 5.3 | 60% |
| 2021 | 731,169 | 474,194 | 256,975 | 12.1 | 57% |
| 2022 | 863,752 | 724,003 | 139,749 | 10.1 | 58% |
| 2023 | 815,161 | 861,188 | −46,027 | 7.5 | 69% |
In its most recent public year (2023), this organization spent $46,027 more than it brought in. Its reserves stood at about 7.5 months of spending, up from 5.3 in 2020. Staff pay was 69% of spending. $55,483 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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