Poverty Reduction Services
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 165,595 | 177,923 | −12,328 | 1.2 | — |
| 2021 | 285,810 | 250,875 | 34,935 | 2.8 | 43% |
| 2022 | 211,647 | 217,959 | −6,312 | 2.9 | 57% |
| 2023 | 432,079 | 370,189 | 61,890 | 3.7 | 78% |
In its most recent public year (2023), this organization brought in $61,890 more than it spent. Its reserves stood at about 3.7 months of spending, up from 1.2 in 2020. Staff pay was 78% 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
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