His Torch Music Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,780 | 2,982 | −202 | 43.8 | — |
| 2012 | 2,573 | 1,923 | 650 | 72.0 | — |
| 2013 | 4,700 | 4,023 | 677 | 36.4 | — |
| 2014 | 5,800 | 4,584 | 1,216 | 35.2 | — |
| 2015 | 2,600 | 3,600 | −1,000 | 41.4 | — |
| 2016 | 3,100 | 3,685 | −585 | 38.6 | — |
| 2017 | 6,170 | 4,157 | 2,013 | 40.0 | — |
| 2018 | 7,330 | 11,125 | −3,795 | 10.9 | — |
| 2019 | 1,100 | 1,667 | −567 | 68.4 | — |
| 2020 | 1,400 | 787 | 613 | 154.2 | — |
| 2021 | 1,500 | 1,450 | 50 | 84.1 | — |
| 2022 | 4,100 | 1,528 | 2,572 | 100.0 | — |
| 2023 | 2,300 | 5,871 | −3,571 | 18.7 | — |
In its most recent public year (2023), this organization spent $3,571 more than it brought in. Its reserves stood at about 18.7 months of spending, down from 43.8 in 2011.
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
His Torch Music Ministry'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