Promised Learning Center Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 169,062 | 172,495 | −3,433 | -2.7 | 51% |
| 2012 | 156,646 | 160,407 | −3,761 | -3.1 | — |
| 2013 | 117,217 | 119,185 | −1,968 | -4.5 | — |
| 2014 | 135,660 | 135,614 | 46 | -3.9 | — |
| 2015 | 140,754 | 138,210 | 2,544 | -5.1 | — |
| 2016 | 179,136 | 161,570 | 17,566 | 0.0 | — |
| 2017 | 199,944 | 185,244 | 14,700 | -1.9 | 50% |
| 2019 | 195,236 | 192,171 | 3,065 | -1.5 | — |
| 2020 | 237,403 | 252,749 | −15,346 | 0.6 | 52% |
| 2021 | 306,763 | 257,730 | 49,033 | 1.3 | 51% |
| 2023 | 364,701 | 353,169 | 11,532 | 1.7 | 19% |
In its most recent public year (2023), this organization brought in $11,532 more than it spent. Its reserves stood at about 1.7 months of spending, up from -2.7 in 2011. Staff pay was 19% 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
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