Jamaicas Promise
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 456,060 | 478,167 | −22,107 | 0.0 | 0% |
| 2021 | 147,947 | 127,637 | 20,310 | 2.0 | — |
| 2022 | 192,965 | 125,169 | 67,796 | 8.5 | — |
| 2023 | 158,919 | 98,668 | 60,251 | 18.1 | — |
In its most recent public year (2023), this organization brought in $60,251 more than it spent. Its reserves stood at about 18.1 months of spending, up from 0 in 2020.
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
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