Corazon Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 191,420 | 187,147 | 4,273 | 8.1 | — |
| 2020 | 204,128 | 223,802 | −19,674 | 5.7 | 46% |
| 2021 | 1,095,516 | 517,391 | 578,125 | 16.8 | 55% |
| 2022 | 1,686,114 | 2,021,900 | −335,786 | 2.3 | 56% |
| 2023 | 2,144,506 | 2,133,024 | 11,482 | 2.2 | 56% |
In its most recent public year (2023), this organization brought in $11,482 more than it spent. Its reserves stood at about 2.2 months of spending, down from 8.1 in 2019. Staff pay was 56% 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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