Power Of Gospel Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 81,013 | 140,081 | −59,068 | 19.9 | — |
| 2021 | 63,121 | 48,495 | 14,626 | 61.0 | — |
| 2022 | 45,458 | 29,515 | 15,943 | 106.7 | — |
| 2023 | 52,551 | 34,331 | 18,220 | 98.1 | — |
In its most recent public year (2023), this organization brought in $18,220 more than it spent. Its reserves stood at about 98.1 months of spending, up from 19.9 in 2020.
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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