Hutchcraft Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,581,985 | 3,282,035 | 3,299,950 | 17.1 | 46% |
| 2021 | 5,963,497 | 3,648,529 | 2,314,968 | 22.7 | 41% |
| 2022 | 8,046,133 | 4,157,694 | 3,888,439 | 31.2 | 38% |
| 2023 | 6,205,701 | 4,777,530 | 1,428,171 | 30.8 | 38% |
In its most recent public year (2023), this organization brought in $1,428,171 more than it spent. Its reserves stood at about 30.8 months of spending, up from 17.1 in 2020. Staff pay was 38% of spending. $598,934 of its net assets are donor-restricted.
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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