Portland Opportunities Industrialization Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 10,298,388 | 10,226,337 | 72,051 | 0.1 | 56% |
| 2020 | 10,347,476 | 10,283,508 | 63,968 | 0.1 | 59% |
| 2021 | 14,846,172 | 11,183,481 | 3,662,691 | 4.1 | 56% |
| 2022 | 15,766,832 | 15,194,974 | 571,858 | 3.4 | 49% |
| 2023 | 21,741,292 | 21,201,097 | 540,195 | 2.8 | 43% |
In its most recent public year (2023), this organization brought in $540,195 more than it spent. Its reserves stood at about 2.8 months of spending, up from 0.1 in 2019. Staff pay was 43% of spending. $331,623 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
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