Piercing Word Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 72,726 | 71,228 | 1,498 | 2.2 | — |
| 2014 | 115,339 | 116,619 | −1,280 | 1.2 | — |
| 2015 | 177,746 | 170,096 | 7,650 | 1.4 | — |
| 2016 | 175,939 | 178,147 | −2,208 | 1.1 | — |
| 2017 | 280,570 | 222,267 | 58,303 | 4.1 | 51% |
| 2018 | 278,881 | 326,832 | −47,951 | 1.0 | 53% |
| 2019 | 363,530 | 352,177 | 11,353 | 1.3 | 51% |
| 2020 | 311,091 | 353,085 | −41,994 | -0.7 | 53% |
| 2021 | 436,762 | 410,947 | 25,815 | 1.3 | 49% |
| 2022 | 531,388 | 478,038 | 53,350 | 1.6 | 45% |
| 2023 | 614,060 | 579,228 | 34,832 | 1.6 | 47% |
In its most recent public year (2023), this organization brought in $34,832 more than it spent. Its reserves stood at about 1.6 months of spending. Staff pay was 47% 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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