Progress Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,428,378 | 19,269,184 | 1,159,194 | 4.6 | 61% |
| 2012 | 21,494,467 | 19,455,787 | 2,038,680 | 6.0 | 61% |
| 2013 | 21,580,000 | 20,984,339 | 595,661 | 5.8 | 60% |
| 2014 | 20,844,843 | 21,555,463 | −710,620 | 5.3 | 60% |
| 2015 | 21,741,287 | 23,046,000 | −1,304,713 | 4.2 | 60% |
| 2016 | 22,119,357 | 22,884,024 | −764,667 | 3.8 | 60% |
| 2017 | 24,458,862 | 25,066,083 | −607,221 | 3.2 | 57% |
| 2018 | 23,644,306 | 24,047,679 | −403,373 | 3.2 | 61% |
| 2019 | 25,570,904 | 24,956,260 | 614,644 | 3.4 | 60% |
| 2020 | 25,831,538 | 26,114,980 | −283,442 | 3.1 | 62% |
| 2021 | 25,489,079 | 29,389,599 | −3,900,520 | 2.7 | 65% |
| 2022 | 27,704,811 | 27,909,284 | −204,473 | 2.8 | 63% |
| 2023 | 28,497,902 | 28,803,080 | −305,178 | 2.5 | 62% |
In its most recent public year (2023), this organization spent $305,178 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 4.6 in 2011. Staff pay was 62% 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
Progress Foundation'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