Keep Believing Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 211,100 | 230,228 | −19,128 | 15.3 | 42% |
| 2012 | 432,208 | 322,595 | 109,613 | 15.0 | 30% |
| 2013 | 318,817 | 349,544 | −30,727 | 12.7 | 30% |
| 2014 | 279,512 | 321,796 | −42,284 | 12.2 | 43% |
| 2015 | 302,415 | 271,798 | 30,617 | 15.8 | 50% |
| 2016 | 327,520 | 267,841 | 59,679 | 18.7 | 48% |
| 2017 | 327,546 | 321,361 | 6,185 | 15.8 | 50% |
| 2018 | 315,029 | 246,061 | 68,968 | 24.0 | 59% |
| 2019 | 333,863 | 263,884 | 69,979 | 25.5 | 59% |
| 2020 | 314,379 | 269,946 | 44,433 | 26.9 | 67% |
| 2021 | 372,061 | 265,008 | 107,053 | 32.3 | 60% |
| 2022 | 355,955 | 321,620 | 34,335 | 27.9 | 57% |
| 2023 | 357,422 | 333,674 | 23,748 | 27.7 | 56% |
In its most recent public year (2023), this organization brought in $23,748 more than it spent. Its reserves stood at about 27.7 months of spending, up from 15.3 in 2011. Staff pay was 56% 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
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