New Haven Promise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 433,982 | 165,744 | 268,238 | 19.4 | 60% |
| 2017 | 3,143,623 | 2,880,921 | 262,702 | 2.2 | 12% |
| 2018 | 3,519,217 | 3,599,500 | −80,283 | 1.7 | 10% |
| 2019 | 5,372,270 | 4,120,459 | 1,251,811 | 5.1 | 10% |
| 2020 | 4,941,492 | 4,736,122 | 205,370 | 4.9 | 9% |
| 2021 | 4,853,461 | 5,063,690 | −210,229 | 4.1 | 9% |
| 2022 | 5,114,232 | 4,972,969 | 141,263 | 4.5 | 11% |
| 2023 | 5,195,298 | 5,043,547 | 151,751 | 4.8 | 11% |
| 2024 | 5,304,401 | 5,206,260 | 98,141 | 4.9 | 12% |
In its most recent public year (2024), this organization brought in $98,141 more than it spent. Its reserves stood at about 4.9 months of spending, down from 19.4 in 2016. Staff pay was 12% of spending. $1,217,409 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 2024. 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
New Haven Promise Inc's IRS filings as a feed — one entry per filing year, through 2024. 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