Power Worship Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 58,500 | 48,950 | 9,550 | 2.7 | — |
| 2013 | 76,280 | 70,621 | 5,659 | 2.8 | — |
| 2014 | 70,050 | 67,926 | 2,124 | 3.3 | — |
| 2015 | 67,550 | 66,986 | 564 | 3.5 | — |
| 2016 | 81,500 | 69,110 | 12,390 | 5.5 | — |
| 2017 | 77,450 | 72,080 | 5,370 | 6.2 | — |
| 2018 | 82,500 | 71,955 | 10,545 | 7.9 | — |
| 2019 | 99,350 | 91,000 | 8,350 | 7.4 | — |
| 2020 | 18,500 | 44,500 | −26,000 | 8.1 | — |
| 2021 | 26,850 | 44,280 | −17,430 | 3.4 | — |
| 2022 | 47,400 | 45,310 | 2,090 | 3.9 | — |
| 2023 | 62,400 | 55,650 | 6,750 | 4.6 | — |
In its most recent public year (2023), this organization brought in $6,750 more than it spent. Its reserves stood at about 4.6 months of spending, up from 2.7 in 2012.
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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