Powerhouse Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 583,000 | 281,813 | 301,187 | 12.8 | 0% |
| 2019 | 450,078 | 487,038 | −36,960 | 6.5 | 0% |
| 2020 | 2,065,325 | 1,810,197 | 255,128 | 3.4 | 1% |
| 2021 | 254,955 | 546,179 | −291,224 | 5.0 | 5% |
| 2022 | 474,837 | 738,777 | −263,940 | -0.6 | 16% |
| 2023 | 945,671 | 788,203 | 157,468 | 1.9 | 15% |
In its most recent public year (2023), this organization brought in $157,468 more than it spent. Its reserves stood at about 1.9 months of spending, down from 12.8 in 2018. Staff pay was 15% 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
Powerhouse Foundation'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