Cross Of Light Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 442,340 | 375,883 | 66,457 | 20.0 | 19% |
| 2018 | 523,022 | 399,949 | 123,073 | 21.3 | 18% |
| 2019 | 575,000 | 454,790 | 120,210 | 22.0 | 16% |
| 2020 | 372,824 | 434,154 | −61,330 | 26.2 | 17% |
In its most recent public year (2020), this organization spent $61,330 more than it brought in. Its reserves stood at about 26.2 months of spending, up from 20 in 2017. Staff pay was 17% 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 2020. 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