Projects For Haiti Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 96,544 | 99,251 | −2,707 | 0.5 | — |
| 2016 | 107,904 | 53,999 | 53,905 | 12.9 | — |
| 2017 | 147,505 | 143,050 | 4,455 | 5.3 | — |
| 2018 | 235,621 | 227,174 | 8,447 | 3.8 | 35% |
| 2019 | 411,136 | 398,087 | 13,049 | 2.5 | 33% |
| 2020 | 581,745 | 480,133 | 101,612 | 4.6 | 42% |
| 2021 | 1,361,860 | 1,137,988 | 223,872 | 4.3 | 53% |
| 2022 | 1,456,113 | 1,216,244 | 239,869 | 6.4 | 52% |
| 2023 | 1,111,184 | 1,296,289 | −185,105 | 4.3 | 54% |
In its most recent public year (2023), this organization spent $185,105 more than it brought in. Its reserves stood at about 4.3 months of spending, up from 0.5 in 2015. Staff pay was 54% of spending. $76,897 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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