Spring Of Water International Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 285,621 | 195,465 | 90,156 | 31.7 | 27% |
| 2021 | 733,165 | 231,767 | 501,398 | 52.7 | 24% |
| 2022 | 381,836 | 380,182 | 1,654 | 32.2 | 15% |
| 2023 | 625,752 | 367,633 | 258,119 | 41.9 | 12% |
In its most recent public year (2023), this organization brought in $258,119 more than it spent. Its reserves stood at about 41.9 months of spending, up from 31.7 in 2020. Staff pay was 12% 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
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