Magnify Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 123,481 | 150,470 | −26,989 | 0.4 | — |
| 2014 | 45,111 | 8,352 | 36,759 | 59.5 | — |
| 2015 | 127,156 | 158,802 | −31,646 | 0.7 | — |
| 2016 | 90,381 | 49,027 | 41,354 | 12.5 | — |
| 2017 | 271,976 | 254,689 | 17,287 | 3.2 | 0% |
| 2018 | 151,170 | 46,661 | 104,509 | 44.5 | — |
| 2019 | 171,868 | 256,787 | −84,919 | 4.1 | — |
| 2020 | 94,249 | 65,186 | 29,063 | 21.5 | — |
| 2021 | 133,076 | 111,675 | 21,401 | 14.9 | — |
| 2022 | 174,476 | 213,746 | −39,270 | 5.6 | — |
| 2023 | 116,241 | 85,302 | 30,939 | 18.3 | — |
In its most recent public year (2023), this organization brought in $30,939 more than it spent. Its reserves stood at about 18.3 months of spending, up from 0.4 in 2013.
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
Magnify Ministries's IRS filings as a feed — one entry per filing year, through 2023. 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