Promise Land Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 405,819 | 353,580 | 52,239 | 23.4 | 0% |
| 2012 | 517,090 | 452,638 | 64,452 | 20.0 | 0% |
| 2013 | 447,906 | 383,405 | 64,501 | 25.6 | 0% |
| 2014 | 526,284 | 419,112 | 107,172 | 26.5 | 0% |
| 2015 | 149,325 | 71,543 | 77,782 | 167.6 | 0% |
| 2016 | 255,932 | 344,557 | −88,625 | 31.1 | 0% |
| 2017 | 102,546 | 281,063 | −178,517 | 30.4 | 0% |
| 2018 | 339,985 | 383,806 | −43,821 | 20.9 | 0% |
| 2019 | 377,650 | 599,613 | −221,963 | 9.0 | 0% |
| 2020 | 443,785 | 487,249 | −43,464 | 9.9 | 0% |
| 2021 | 446,120 | 493,126 | −47,006 | 8.7 | 0% |
| 2022 | 429,016 | 520,994 | −91,978 | 6.1 | 0% |
In its most recent public year (2022), this organization spent $91,978 more than it brought in. Its reserves stood at about 6.1 months of spending, down from 23.4 in 2011. Staff pay was 0% 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 2022. 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 Land Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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