Preachit Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,462,887 | 1,402,252 | 60,635 | 10.9 | 20% |
| 2012 | 1,336,739 | 981,835 | 354,904 | 18.5 | 55% |
| 2013 | 1,327,487 | 1,186,637 | 140,850 | 15.8 | 47% |
| 2014 | 1,135,631 | 1,022,742 | 112,889 | 14.3 | 57% |
| 2015 | 1,070,094 | 955,999 | 114,095 | 17.6 | 53% |
| 2016 | 1,285,072 | 979,393 | 305,679 | 17.7 | 44% |
| 2017 | 933,544 | 954,559 | −21,015 | 18.1 | 46% |
| 2018 | 1,065,320 | 942,267 | 123,053 | 15.6 | 33% |
| 2019 | 833,796 | 914,860 | −81,064 | 15.0 | 39% |
| 2020 | 1,003,039 | 938,346 | 64,693 | 22.6 | 33% |
| 2021 | 697,709 | 808,949 | −111,240 | 24.6 | 58% |
| 2022 | 703,566 | 878,503 | −174,937 | 20.3 | 34% |
| 2023 | 581,154 | 864,001 | −282,847 | 16.7 | 35% |
In its most recent public year (2023), this organization spent $282,847 more than it brought in. Its reserves stood at about 16.7 months of spending, up from 10.9 in 2011. Staff pay was 35% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works