Truth Evangelistic Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 223,845 | 229,483 | −5,638 | 7.5 | 12% |
| 2020 | 173,341 | 176,424 | −3,083 | 9.6 | 16% |
| 2021 | 167,158 | 161,570 | 5,588 | 10.9 | 17% |
| 2022 | 130,129 | 126,287 | 3,842 | 14.3 | — |
| 2023 | 73,241 | 65,052 | 8,189 | 29.2 | — |
In its most recent public year (2023), this organization brought in $8,189 more than it spent. Its reserves stood at about 29.2 months of spending, up from 7.5 in 2019.
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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