World Covenant Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 103,957 | 83,272 | 20,685 | 3.0 | — |
| 2011 | 887,787 | 425,304 | 462,483 | 13.7 | 13% |
| 2012 | 1,463,672 | 1,131,044 | 332,628 | 8.7 | 30% |
| 2013 | 984,641 | 906,699 | 77,942 | 10.0 | 35% |
| 2014 | 1,217,333 | 1,035,150 | 182,183 | 10.9 | 28% |
| 2015 | 1,060,341 | 1,107,171 | −46,830 | 4.3 | 28% |
| 2016 | 1,201,284 | 1,229,367 | −28,083 | 3.6 | 24% |
| 2017 | 843,987 | 1,140,609 | −296,622 | 0.7 | 25% |
| 2018 | 921,207 | 1,208,424 | −287,217 | 3.5 | 25% |
| 2019 | 997,023 | 1,092,151 | −95,128 | 3.5 | 39% |
| 2020 | 1,486,567 | 1,142,370 | 344,197 | 5.6 | 44% |
| 2021 | 3,476,979 | 3,682,012 | −205,033 | 1.1 | 17% |
| 2022 | 2,931,553 | 2,746,849 | 184,704 | 2.2 | 24% |
| 2023 | 2,792,786 | 2,856,867 | −64,081 | 1.9 | 23% |
In its most recent public year (2023), this organization spent $64,081 more than it brought in. Its reserves stood at about 1.9 months of spending, down from 3 in 2010. Staff pay was 23% of spending.
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
World Covenant Ministries Inc'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