Tabernacle Of Praise And Worshp Center Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 71,108 | 30,180 | 40,928 | 4.4 | — |
| 2020 | 58,025 | 25,980 | 32,045 | 6.9 | — |
| 2021 | 62,470 | 39,380 | 23,090 | 11.6 | — |
| 2022 | 78,214 | 50,266 | 27,948 | 11.4 | — |
| 2023 | 78,451 | 76,523 | 1,928 | 6.4 | — |
In its most recent public year (2023), this organization brought in $1,928 more than it spent. Its reserves stood at about 6.4 months of spending, up from 4.4 in 2019.
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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