Passing The Light Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 109,513 | 105,137 | 4,376 | 1.8 | 47% |
| 2012 | 102,455 | 102,455 | 0 | 1.9 | 50% |
| 2013 | 37,843 | 48,331 | −10,488 | 1.4 | 22% |
| 2014 | 27,626 | 22,682 | 4,944 | 5.6 | 53% |
| 2015 | 24,636 | 23,279 | 1,357 | 3.5 | 52% |
| 2016 | 15,043 | 17,707 | −2,664 | 2.4 | 68% |
| 2017 | 18,739 | 19,134 | −395 | 4.3 | 63% |
| 2018 | 15,106 | 16,918 | −1,812 | 2.1 | 71% |
| 2019 | 23,402 | 20,748 | 2,654 | 2.0 | 58% |
| 2020 | 31,072 | 15,286 | 15,786 | 15.0 | 85% |
| 2021 | 15,193 | 14,849 | 344 | 11.2 | 88% |
In its most recent public year (2021), this organization brought in $344 more than it spent. Its reserves stood at about 11.2 months of spending, up from 1.8 in 2011. Staff pay was 88% 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 2021. 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
Passing The Light Ministries's IRS filings as a feed — one entry per filing year, through 2021. 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