Channels Of Love Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 133,690 | 127,475 | 6,215 | 7.2 | 68% |
| 2012 | 127,071 | 121,914 | 5,157 | 8.0 | 64% |
| 2013 | 121,705 | 126,477 | −4,772 | 7.3 | 62% |
| 2014 | 119,003 | 117,987 | 1,016 | 7.9 | 63% |
| 2015 | 123,952 | 116,690 | 7,262 | 8.7 | 66% |
| 2016 | 113,418 | 103,188 | 10,230 | 11.0 | 60% |
| 2017 | 121,986 | 132,484 | −10,498 | 7.6 | 62% |
| 2018 | 123,416 | 135,040 | −11,624 | 6.5 | 65% |
| 2019 | 130,687 | 127,061 | 3,626 | 7.2 | 65% |
| 2020 | 128,539 | 114,151 | 14,388 | 9.5 | 63% |
| 2021 | 114,072 | 121,436 | −7,364 | 8.2 | 63% |
| 2022 | 125,750 | 127,051 | −1,301 | 7.8 | 60% |
| 2023 | 137,298 | 130,804 | 6,494 | 8.1 | 62% |
In its most recent public year (2023), this organization brought in $6,494 more than it spent. Its reserves stood at about 8.1 months of spending. Staff pay was 62% 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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