Launch Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 112,250 | 80,737 | 31,513 | 7.0 | — |
| 2014 | 81,557 | 94,180 | −12,623 | 4.4 | — |
| 2015 | 170,387 | 117,177 | 53,210 | 9.0 | — |
| 2016 | 157,581 | 165,839 | −8,258 | 5.8 | — |
| 2017 | 278,067 | 236,745 | 41,322 | 6.1 | 51% |
| 2018 | 389,718 | 368,003 | 21,715 | 4.7 | 53% |
| 2019 | 371,274 | 379,628 | −8,354 | 4.2 | 56% |
| 2020 | 655,576 | 620,080 | 35,496 | 3.3 | 41% |
| 2021 | 737,032 | 744,016 | −6,984 | 2.6 | 39% |
| 2022 | 761,080 | 771,849 | −10,769 | 2.8 | 41% |
In its most recent public year (2022), this organization spent $10,769 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 7 in 2013. Staff pay was 41% of spending. $25,060 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 2022. 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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