Better Way Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 468,440 | 421,611 | 46,829 | 3.6 | 32% |
| 2012 | 516,657 | 473,630 | 43,027 | 4.3 | 27% |
| 2013 | 499,152 | 427,724 | 71,428 | 6.7 | 31% |
| 2014 | 554,102 | 544,651 | 9,451 | 5.5 | 28% |
| 2018 | 765,457 | 718,362 | 47,095 | -7.6 | 34% |
| 2022 | 1,523,951 | 1,435,842 | 88,109 | 3.8 | 36% |
| 2023 | 1,264,720 | 1,611,014 | −346,294 | 0.8 | 39% |
In its most recent public year (2023), this organization spent $346,294 more than it brought in. Its reserves stood at about 0.8 months of spending, down from 3.6 in 2011. Staff pay was 39% of spending. $40,759 of its net assets are donor-restricted.
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
Better Way 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