Puget Sound Opportunties Industrialization Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 454,496 | 425,297 | 29,199 | 0.6 | 13% |
| 2012 | 542,796 | 488,949 | 53,847 | 1.5 | 32% |
| 2013 | 474,299 | 516,657 | −42,358 | 0.5 | 57% |
| 2014 | 441,170 | 479,492 | −38,322 | 1.1 | 59% |
| 2015 | 472,943 | 501,417 | −28,474 | 0.4 | 34% |
| 2016 | 541,043 | 532,962 | 8,081 | 0.8 | 44% |
| 2017 | 586,379 | 603,301 | −16,922 | 0.5 | 41% |
| 2018 | 635,168 | 626,991 | 8,177 | 0.8 | 40% |
| 2019 | 464,364 | 601,945 | −137,581 | -1.9 | 69% |
| 2020 | 740,372 | 593,445 | 146,927 | 1.0 | 69% |
| 2021 | 600,676 | 508,723 | 91,953 | 3.4 | 14% |
| 2022 | 605,945 | 459,801 | 146,144 | 7.6 | 62% |
| 2023 | 716,403 | 584,457 | 131,946 | 7.5 | 51% |
In its most recent public year (2023), this organization brought in $131,946 more than it spent. Its reserves stood at about 7.5 months of spending, up from 0.6 in 2011. Staff pay was 51% of spending. $30,000 of its net assets are donor-restricted.
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
Puget Sound Opportunties Industrialization 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