Se Raleigh Promise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 187,915 | 235,407 | −47,492 | 1.6 | — |
| 2019 | 2,645,699 | 2,162,704 | 482,995 | 2.8 | 9% |
| 2020 | 409,713 | 475,342 | −65,629 | 11.7 | 63% |
| 2021 | 702,375 | 585,209 | 117,166 | 11.9 | 53% |
| 2022 | 897,754 | 828,654 | 69,100 | 9.4 | 55% |
| 2023 | 1,636,950 | 864,907 | 772,043 | 19.8 | 60% |
In its most recent public year (2023), this organization brought in $772,043 more than it spent. Its reserves stood at about 19.8 months of spending, up from 1.6 in 2018. Staff pay was 60% of spending. $45,843 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
Se Raleigh Promise 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