North Raleigh Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 914,850 | 910,848 | 4,002 | 2.8 | 14% |
| 2012 | 1,115,459 | 1,081,240 | 34,219 | 2.8 | 16% |
| 2013 | 1,442,633 | 1,230,892 | 211,741 | 4.5 | 16% |
| 2014 | 1,354,205 | 1,277,050 | 77,155 | 5.0 | 19% |
| 2015 | 1,036,431 | 1,063,747 | −27,316 | 4.8 | 16% |
| 2016 | 1,457,549 | 1,191,292 | 266,257 | 7.0 | 19% |
| 2017 | 2,048,519 | 1,801,450 | 247,069 | 6.3 | 23% |
| 2018 | 2,227,149 | 1,996,595 | 230,554 | 7.1 | 28% |
| 2019 | 2,571,056 | 2,239,995 | 331,061 | 8.1 | 32% |
| 2020 | 2,985,740 | 2,985,502 | 238 | 6.0 | 27% |
| 2021 | 3,470,740 | 2,767,713 | 703,027 | 9.6 | 37% |
| 2022 | 5,054,097 | 3,338,870 | 1,715,227 | 14.1 | 44% |
| 2023 | 4,318,458 | 3,671,374 | 647,084 | 14.3 | 46% |
In its most recent public year (2023), this organization brought in $647,084 more than it spent. Its reserves stood at about 14.3 months of spending, up from 2.8 in 2011. Staff pay was 46% of spending. $740,982 of its net assets are donor-restricted.
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
North Raleigh Ministries Inc'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