Sports World Ministries Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 393,509 | 421,390 | −27,881 | -4.2 | 53% |
| 2021 | 1,148,052 | 1,070,706 | 77,346 | -0.8 | 30% |
| 2022 | 1,619,616 | 1,506,362 | 113,254 | 0.3 | 30% |
| 2023 | 1,779,033 | 1,666,157 | 112,876 | 1.1 | 26% |
In its most recent public year (2023), this organization brought in $112,876 more than it spent. Its reserves stood at about 1.1 months of spending, up from -4.2 in 2020. Staff pay was 26% 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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