Dayspring Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 401,541 | 413,553 | −12,012 | 2.6 | 0% |
| 2021 | 422,412 | 417,089 | 5,323 | 2.7 | 0% |
| 2022 | 525,882 | 522,976 | 2,906 | 2.2 | 0% |
| 2023 | 431,545 | 395,987 | 35,558 | 4.0 | 1% |
In its most recent public year (2023), this organization brought in $35,558 more than it spent. Its reserves stood at about 4 months of spending, up from 2.6 in 2020. Staff pay was 1% 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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