Iron Sharpens Iron Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 231,579 | 233,464 | −1,885 | 11.5 | 56% |
| 2012 | 281,519 | 309,163 | −27,644 | 7.6 | 67% |
| 2013 | 361,930 | 327,970 | 33,960 | 8.4 | 75% |
| 2014 | 218,733 | 210,941 | 7,792 | 13.5 | 62% |
| 2015 | 102,503 | 164,298 | −61,795 | 12.9 | 49% |
| 2016 | 273,621 | 311,655 | −38,034 | 5.3 | 73% |
| 2017 | 321,674 | 247,792 | 73,882 | 10.3 | 42% |
| 2018 | 284,330 | 263,350 | 20,980 | 10.6 | 62% |
| 2019 | 264,441 | 244,032 | 20,409 | 13.1 | 54% |
| 2020 | 384,232 | 291,819 | 92,413 | 14.7 | 59% |
| 2021 | 454,271 | 334,439 | 119,832 | 17.2 | 51% |
| 2022 | 1,419,032 | 576,163 | 842,869 | 27.5 | 33% |
| 2023 | 1,603,801 | 1,216,085 | 387,716 | 16.9 | 25% |
In its most recent public year (2023), this organization brought in $387,716 more than it spent. Its reserves stood at about 16.9 months of spending, up from 11.5 in 2011. Staff pay was 25% of spending. $324,077 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
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