Operating record

Inclusive Prosperity Capital Inc

Hartford, CT · EIN 83-0808658 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2021$1,661,010$2,319,551−$658,54137.039%
2022$2,852,814$6,836,600−$3,983,7866.240%
2023$6,000,752$9,564,102−$3,563,3501.735%

In its most recent public year (2023), this organization spent $3,563,350 more than it brought in. Its reserves stood at about 1.7 months of spending, down from 37 in 2021. Staff pay was 35% of spending. $764,519 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 ↗