Praise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 146,320 | 250,753 | −104,433 | 3.0 | — |
| 2012 | 135,746 | 115,882 | 19,864 | 8.6 | — |
| 2013 | 123,199 | 116,647 | 6,552 | 9.2 | — |
| 2014 | 142,249 | 96,980 | 45,269 | 16.7 | — |
| 2015 | 111,893 | 116,328 | −4,435 | 13.5 | — |
| 2016 | 99,039 | 100,090 | −1,051 | 15.5 | — |
| 2017 | 135,269 | 109,258 | 26,011 | 17.1 | — |
| 2018 | 104,795 | 114,202 | −9,407 | 15.5 | — |
| 2019 | 105,926 | 125,672 | −19,746 | 12.2 | — |
| 2020 | 136,206 | 136,339 | −133 | 10.8 | — |
| 2021 | 158,508 | 129,877 | 28,631 | 14.0 | — |
| 2022 | 151,095 | 179,415 | −28,320 | 8.2 | — |
In its most recent public year (2022), this organization spent $28,320 more than it brought in. Its reserves stood at about 8.2 months of spending, up from 3 in 2011.
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 2022. 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 Inc's IRS filings as a feed — one entry per filing year, through 2022. 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