Loop Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 122,630 | 17,665 | 104,965 | 72.5 | — |
| 2012 | 7,500 | 23,433 | −15,933 | 46.5 | — |
| 2013 | 22,340 | 25,625 | −3,285 | 41.0 | — |
| 2014 | 25,859 | 27,739 | −1,880 | 37.0 | — |
| 2015 | 22,870 | 26,606 | −3,736 | 36.9 | — |
| 2016 | 28,258 | 27,289 | 969 | 36.4 | — |
| 2017 | 34,600 | 32,569 | 2,031 | 31.3 | — |
| 2018 | 40,383 | 38,441 | 1,942 | 27.1 | — |
| 2019 | 36,377 | 34,945 | 1,432 | 30.3 | — |
| 2020 | 38,964 | 37,625 | 1,339 | 28.6 | — |
In its most recent public year (2020), this organization brought in $1,339 more than it spent. Its reserves stood at about 28.6 months of spending, down from 72.5 in 2011.
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 2020. 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
Loop Ministries's IRS filings as a feed — one entry per filing year, through 2020. 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