Sought Out Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 49,044 | 26,503 | 22,541 | 11.3 | — |
| 2015 | 37,185 | 50,254 | −13,069 | 2.8 | — |
| 2016 | 30,249 | 30,382 | −133 | 4.6 | — |
| 2017 | 19,987 | 25,166 | −5,179 | 3.1 | — |
| 2018 | 16,834 | 17,450 | −616 | 4.1 | — |
| 2019 | 26,274 | 21,239 | 5,035 | 6.2 | — |
| 2020 | 14,656 | 15,996 | −1,340 | 7.2 | — |
| 2021 | 16,353 | 16,691 | −338 | 6.7 | — |
| 2022 | 18,432 | 21,538 | −3,106 | 3.5 | — |
| 2023 | 28,841 | 30,500 | −1,659 | 1.8 | — |
In its most recent public year (2023), this organization spent $1,659 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 11.3 in 2014.
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
Sought Out 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