Praise Communications Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 134,506 | 216,822 | −82,316 | 59.1 | 15% |
| 2012 | −741,667 | 218,563 | −960,230 | 6.0 | 16% |
| 2013 | 197,780 | 235,570 | −37,790 | 3.6 | 8% |
| 2014 | 260,909 | 251,652 | 9,257 | 3.8 | 34% |
| 2015 | 283,501 | 279,818 | 3,683 | 3.6 | 32% |
| 2016 | 287,805 | 310,071 | −22,266 | 2.4 | 40% |
| 2017 | 319,059 | 307,578 | 11,481 | 2.8 | 43% |
| 2018 | 312,211 | 323,307 | −11,096 | 2.3 | 38% |
| 2019 | 278,760 | 318,202 | −39,442 | 0.8 | 33% |
| 2020 | 295,084 | 282,603 | 12,481 | 1.5 | 30% |
| 2021 | 266,011 | 254,138 | 11,873 | 2.2 | 28% |
| 2022 | 252,639 | 271,877 | −19,238 | 1.2 | 35% |
| 2023 | 285,965 | 271,120 | 14,845 | 1.9 | 37% |
In its most recent public year (2023), this organization brought in $14,845 more than it spent. Its reserves stood at about 1.9 months of spending, down from 59.1 in 2011. Staff pay was 37% 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
Praise Communications Inc'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