Promise Community Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 285,978 | 265,355 | 20,623 | 32.3 | 65% |
| 2012 | 331,479 | 252,366 | 79,113 | 39.7 | 62% |
| 2013 | 286,832 | 253,960 | 32,872 | 41.9 | 62% |
| 2014 | 293,381 | 255,407 | 37,974 | 43.7 | 63% |
| 2015 | 323,618 | 272,519 | 51,099 | 42.7 | 60% |
| 2016 | 319,865 | 265,402 | 54,463 | 46.8 | 62% |
| 2017 | 392,064 | 313,269 | 78,795 | 43.1 | 62% |
| 2018 | 414,779 | 352,107 | 62,672 | 40.2 | 65% |
| 2019 | 546,043 | 410,772 | 135,271 | 39.2 | 65% |
| 2020 | 497,634 | 353,472 | 144,162 | 50.2 | 60% |
| 2021 | 502,678 | 428,961 | 73,717 | 43.2 | 64% |
| 2022 | 766,721 | 514,852 | 251,869 | 41.4 | 69% |
| 2023 | 595,680 | 442,010 | 153,670 | 51.4 | 72% |
In its most recent public year (2023), this organization brought in $153,670 more than it spent. Its reserves stood at about 51.4 months of spending, up from 32.3 in 2011. Staff pay was 72% 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
Promise Community Center'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