Carmen Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 23,493 | 23,849 | −356 | 0.4 | — |
| 2013 | 36,120 | 36,277 | −157 | 0.2 | — |
| 2014 | 39,850 | 42,207 | −2,357 | -0.5 | — |
| 2015 | 44,397 | 42,429 | 1,968 | 0.0 | — |
| 2016 | 57,282 | 57,195 | 87 | 0.1 | — |
| 2017 | 56,616 | 56,495 | 121 | 0.1 | — |
| 2018 | 39,935 | 39,317 | 618 | 0.3 | — |
| 2019 | 39,294 | 39,894 | −600 | 0.1 | — |
| 2020 | 62,541 | 68,882 | −6,341 | -1.0 | — |
| 2021 | 74,426 | 81,100 | −6,674 | -1.9 | — |
| 2022 | 46,615 | 47,761 | −1,146 | -3.5 | — |
| 2023 | 42,186 | 42,700 | −514 | -4.0 | — |
In its most recent public year (2023), this organization spent $514 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4 months), down from 0.4 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
Carmen Ministries'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