Porch Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 70,593 | 39,611 | 30,982 | 9.4 | — |
| 2021 | 220,574 | 36,597 | 183,977 | 70.5 | 87% |
| 2022 | 163,200 | 118,614 | 44,586 | 26.3 | — |
| 2023 | 388,976 | 173,694 | 215,282 | 32.8 | 45% |
In its most recent public year (2023), this organization brought in $215,282 more than it spent. Its reserves stood at about 32.8 months of spending, up from 9.4 in 2020. Staff pay was 45% 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
Porch Initiative'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