Promises Animal Rescue
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 47,324 | 45,577 | 1,747 | 7.0 | — |
| 2018 | 29,284 | 23,593 | 5,691 | 16.4 | — |
| 2019 | 28,436 | 31,043 | −2,607 | 13.5 | — |
In its most recent public year (2019), this organization spent $2,607 more than it brought in. Its reserves stood at about 13.5 months of spending, up from 7 in 2017.
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 2019. 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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