Downtown Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 131,256 | 96,454 | 34,802 | 12.8 | — |
| 2012 | 258,730 | 141,328 | 117,402 | 18.7 | 50% |
| 2013 | 445,722 | 306,745 | 138,977 | 14.1 | 62% |
| 2014 | 498,539 | 434,987 | 63,552 | 11.7 | 71% |
| 2015 | 194,242 | 258,554 | −64,312 | 16.2 | 71% |
| 2016 | 617,334 | 798,649 | −181,315 | 2.5 | 66% |
| 2017 | 880,399 | 798,252 | 82,147 | 3.7 | 70% |
| 2018 | 932,242 | 905,475 | 26,767 | 3.7 | 73% |
| 2019 | 972,711 | 981,950 | −9,239 | 3.3 | 70% |
| 2020 | 1,183,837 | 1,065,173 | 118,664 | 4.3 | 69% |
| 2021 | 2,409,830 | 1,119,698 | 1,290,132 | 18.0 | 69% |
| 2022 | 1,293,143 | 1,391,093 | −97,950 | 13.6 | 58% |
| 2023 | 1,163,594 | 1,324,112 | −160,518 | 12.8 | 52% |
In its most recent public year (2023), this organization spent $160,518 more than it brought in. Its reserves stood at about 12.8 months of spending. Staff pay was 52% of spending. $1,032,990 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
Downtown Ministries Inc'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