Providence Business Loan Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 783,003 | 708,540 | 74,463 | 208.3 | 4% |
| 2012 | 402,759 | 233,572 | 169,187 | 640.5 | 16% |
| 2013 | 608,498 | 965,247 | −356,749 | 182.4 | 13% |
| 2014 | 321,601 | 411,973 | −90,372 | 424.8 | 42% |
| 2015 | 222,095 | 423,947 | −201,852 | 407.1 | 34% |
| 2016 | 292,459 | 1,289,321 | −996,862 | 124.6 | 12% |
| 2017 | 423,882 | 1,523,737 | −1,099,855 | 96.7 | 11% |
| 2018 | 294,824 | 828,048 | −533,224 | 170.3 | 17% |
| 2019 | 238,647 | 2,591,267 | −2,352,620 | 43.5 | 4% |
| 2020 | 172,377 | 330,836 | −158,459 | 335.2 | 38% |
| 2021 | 284,014 | 376,783 | −92,769 | 291.4 | 38% |
| 2022 | 454,330 | 336,007 | 118,323 | 330.9 | 40% |
| 2023 | 257,951 | 375,593 | −117,642 | 292.3 | 41% |
In its most recent public year (2023), this organization spent $117,642 more than it brought in. Its reserves stood at about 292.3 months of spending, up from 208.3 in 2011. Staff pay was 41% 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 Business Loan Fund'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