Providence Promise
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 60,132 | 47,844 | 12,288 | 3.1 | 0% |
| 2016 | 77,593 | 52,700 | 24,893 | 8.5 | 0% |
| 2017 | 176,232 | 125,199 | 51,033 | 8.5 | 21% |
| 2018 | 248,889 | 275,322 | −26,433 | 2.7 | 63% |
| 2019 | 200,800 | 203,052 | −2,252 | 3.5 | 59% |
| 2020 | 241,447 | 189,718 | 51,729 | 7.0 | 62% |
| 2021 | 452,764 | 324,536 | 128,228 | 8.9 | 63% |
| 2022 | 631,702 | 485,912 | 145,790 | 9.5 | 57% |
| 2023 | 819,387 | 812,162 | 7,225 | 5.8 | 46% |
In its most recent public year (2023), this organization brought in $7,225 more than it spent. Its reserves stood at about 5.8 months of spending, up from 3.1 in 2015. Staff pay was 46% 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
Providence 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