South East Asia Prayer Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,848,578 | 2,640,170 | 208,408 | 2.3 | 21% |
| 2021 | 3,807,498 | 3,412,588 | 394,910 | 3.2 | 20% |
| 2022 | 3,697,353 | 3,839,233 | −141,880 | 2.4 | 19% |
| 2023 | 3,729,626 | 3,582,602 | 147,024 | 3.0 | 18% |
In its most recent public year (2023), this organization brought in $147,024 more than it spent. Its reserves stood at about 3 months of spending. Staff pay was 18% of spending. $154,368 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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