Micahs Promise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 737,101 | 55,628 | 681,473 | 147.0 | 32% |
| 2019 | 884,554 | 148,715 | 735,839 | 114.4 | 56% |
| 2020 | 319,520 | 156,829 | 162,691 | 120.9 | 58% |
| 2021 | 2,242,914 | 177,439 | 2,065,475 | 246.5 | 65% |
| 2022 | 1,379,623 | 256,762 | 1,122,861 | 222.9 | 58% |
| 2023 | 1,220,685 | 1,092,389 | 128,296 | 53.8 | 55% |
In its most recent public year (2023), this organization brought in $128,296 more than it spent. Its reserves stood at about 53.8 months of spending, down from 147 in 2018. Staff pay was 55% of spending. $25,000 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
Micahs 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