Soulchoice Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 162,842 | 160,714 | 2,128 | 4.7 | — |
| 2021 | 244,737 | 174,936 | 69,801 | 9.1 | 27% |
| 2022 | 214,765 | 171,585 | 43,180 | 12.3 | 31% |
| 2023 | 184,047 | 188,944 | −4,897 | 10.8 | 44% |
In its most recent public year (2023), this organization spent $4,897 more than it brought in. Its reserves stood at about 10.8 months of spending, up from 4.7 in 2020. Staff pay was 44% 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
Soulchoice Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works