Renewal Ministries Northwest
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 271,478 | 269,112 | 2,366 | 0.9 | 68% |
| 2021 | 313,158 | 309,067 | 4,091 | 1.0 | 61% |
| 2022 | 353,555 | 358,316 | −4,761 | 0.7 | 55% |
| 2023 | 344,630 | 349,091 | −4,461 | 0.5 | 60% |
In its most recent public year (2023), this organization spent $4,461 more than it brought in. Its reserves stood at about 0.5 months of spending. Staff pay was 60% 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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