Aspire Community Capital
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 7,468 | 7,156 | 312 | 0.5 | — |
| 2018 | 30,372 | 4,575 | 25,797 | 68.5 | — |
| 2019 | 76,855 | 80,883 | −4,028 | 3.3 | — |
| 2020 | 231,101 | 175,176 | 55,925 | 5.3 | 25% |
| 2021 | 365,660 | 264,087 | 101,573 | 8.2 | 25% |
| 2022 | 877,582 | 444,616 | 432,966 | 16.8 | 27% |
| 2023 | 705,865 | 653,982 | 51,883 | 12.4 | 34% |
In its most recent public year (2023), this organization brought in $51,883 more than it spent. Its reserves stood at about 12.4 months of spending, up from 0.5 in 2017. Staff pay was 34% of spending. $337,512 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
Aspire Community Capital'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