Sole Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 67,633 | 72,557 | −4,924 | 5.5 | — |
| 2013 | 70,004 | 74,793 | −4,789 | 4.5 | — |
| 2014 | 57,884 | 72,423 | −14,539 | 2.3 | — |
| 2015 | 93,914 | 71,668 | 22,246 | 6.1 | — |
| 2016 | 96,550 | 72,291 | 24,259 | 10.1 | — |
| 2017 | 73,989 | 79,438 | −5,449 | 8.4 | — |
| 2018 | 52,368 | 42,602 | 9,766 | 18.4 | — |
| 2019 | 104,573 | 74,779 | 29,794 | 16.5 | — |
| 2020 | 87,043 | 80,097 | 6,946 | 16.5 | — |
| 2021 | 137,891 | 134,144 | 3,747 | 10.2 | — |
| 2022 | 205,246 | 130,936 | 74,310 | 17.1 | 30% |
In its most recent public year (2022), this organization brought in $74,310 more than it spent. Its reserves stood at about 17.1 months of spending, up from 5.5 in 2012. Staff pay was 30% 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 2022. 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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