Powersurge Worship Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,827 | 4,782 | 7,045 | 37.6 | — |
| 2021 | 17,300 | 10,396 | 6,904 | 25.3 | — |
| 2022 | 6,858 | 3,040 | 3,818 | 101.4 | — |
| 2023 | 9,909 | 12,068 | −2,159 | 23.4 | — |
In its most recent public year (2023), this organization spent $2,159 more than it brought in. Its reserves stood at about 23.4 months of spending, down from 37.6 in 2020.
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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