The House Of Promise
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 5,400 | 4,762 | 638 | 1.6 | — |
| 2013 | 46,896 | 9,214 | 37,682 | 49.9 | — |
| 2014 | 134,125 | 28,403 | 105,722 | 60.9 | — |
| 2015 | 56,587 | 56,581 | 6 | 30.6 | — |
| 2016 | 104,255 | 57,615 | 46,640 | 39.7 | — |
| 2017 | 286,257 | 107,453 | 178,804 | 41.3 | 46% |
| 2018 | 372,170 | 430,058 | −57,888 | 8.7 | 45% |
| 2019 | 502,918 | 583,125 | −80,207 | 4.8 | 46% |
| 2020 | 447,741 | 474,149 | −26,408 | 5.2 | 55% |
| 2021 | 482,905 | 444,845 | 38,060 | 6.5 | 49% |
| 2022 | 584,039 | 479,014 | 105,025 | 8.7 | 50% |
| 2023 | 464,965 | 535,456 | −70,491 | 6.2 | 53% |
In its most recent public year (2023), this organization spent $70,491 more than it brought in. Its reserves stood at about 6.2 months of spending, up from 1.6 in 2012. Staff pay was 53% of spending.
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
The House Of Promise'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