Water Street Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,874,306 | 3,787,860 | −913,554 | 64.2 | 33% |
| 2012 | 7,949,767 | 8,071,171 | −121,404 | 29.7 | 0% |
| 2013 | 7,896,413 | 7,792,498 | 103,915 | 29.7 | 32% |
| 2014 | 8,747,786 | 9,205,854 | −458,068 | 25.5 | 34% |
| 2015 | 8,495,080 | 8,208,842 | 286,238 | 28.7 | 32% |
| 2016 | 10,663,910 | 8,977,896 | 1,686,014 | 27.9 | 31% |
| 2017 | 8,946,169 | 8,892,212 | 53,957 | 29.8 | 34% |
| 2018 | 9,128,144 | 8,423,549 | 704,595 | 33.0 | 38% |
| 2019 | 9,867,956 | 9,375,334 | 492,622 | 30.7 | 39% |
| 2020 | 10,663,227 | 10,178,046 | 485,181 | 28.7 | 43% |
| 2021 | 12,235,351 | 10,525,722 | 1,709,629 | 32.2 | 44% |
| 2022 | 13,681,131 | 12,299,905 | 1,381,226 | 26.4 | 41% |
| 2023 | 14,831,330 | 13,274,429 | 1,556,901 | 26.8 | 42% |
In its most recent public year (2023), this organization brought in $1,556,901 more than it spent. Its reserves stood at about 26.8 months of spending, down from 64.2 in 2011. Staff pay was 42% of spending. $5,093,336 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
Water Street 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