Provident Church Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,280,813 | 1,311,927 | −31,114 | -1.2 | 15% |
| 2020 | 1,201,040 | 1,251,685 | −50,645 | -2.5 | 16% |
| 2021 | 1,238,658 | 1,261,428 | −22,770 | -2.7 | 16% |
| 2022 | 1,167,332 | 1,168,276 | −944 | 0.2 | 17% |
| 2023 | 1,180,852 | 1,181,867 | −1,015 | -0.5 | 16% |
In its most recent public year (2023), this organization spent $1,015 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months). Staff pay was 16% 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
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