Sound Word Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 139,190 | 63,365 | 75,825 | 16.3 | — |
| 2013 | 105,739 | 122,699 | −16,960 | 6.7 | — |
| 2014 | 138,908 | 125,595 | 13,313 | 8.4 | — |
| 2015 | 74,775 | 95,528 | −20,753 | 8.8 | — |
| 2016 | 42,513 | 53,897 | −11,384 | 13.1 | — |
| 2017 | 38,427 | 43,649 | −5,222 | 14.7 | — |
| 2018 | 35,810 | 43,502 | −7,692 | 12.7 | — |
| 2019 | 34,661 | 37,365 | −2,704 | 13.9 | — |
| 2020 | 11,190 | 14,604 | −3,414 | 32.7 | — |
| 2021 | 103,786 | 61,131 | 42,655 | 18.4 | — |
| 2022 | 122,773 | 132,898 | −10,125 | 6.6 | — |
| 2023 | 128,039 | 124,973 | 3,066 | 7.3 | — |
In its most recent public year (2023), this organization brought in $3,066 more than it spent. Its reserves stood at about 7.3 months of spending, down from 16.3 in 2012.
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
Sound Word 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