Innovations For Poverty Action
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 35,392,801 | 35,548,175 | −155,374 | 0.9 | 53% |
| 2021 | 47,809,311 | 43,568,333 | 4,240,978 | 1.8 | 47% |
| 2022 | 54,859,211 | 49,275,784 | 5,583,427 | 2.9 | 47% |
| 2023 | 53,278,625 | 54,430,966 | −1,152,341 | 2.3 | 47% |
In its most recent public year (2023), this organization spent $1,152,341 more than it brought in. Its reserves stood at about 2.3 months of spending, up from 0.9 in 2020. Staff pay was 47% of spending. $3,564,694 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
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