Open Arms Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 45,115 | 41,248 | 3,867 | 18.6 | — |
| 2018 | 44,656 | 38,579 | 6,077 | 21.8 | — |
| 2019 | 38,567 | 34,473 | 4,094 | 25.8 | — |
| 2020 | 59,852 | 37,940 | 21,912 | 30.4 | — |
| 2021 | 50,636 | 43,596 | 7,040 | 28.4 | — |
| 2022 | 43,396 | 69,737 | −26,341 | 13.2 | — |
| 2023 | 41,214 | 62,465 | −21,251 | 10.7 | — |
In its most recent public year (2023), this organization spent $21,251 more than it brought in. Its reserves stood at about 10.7 months of spending, down from 18.6 in 2017.
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
Open Arms 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