Precious Gift Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 484,666 | 449,195 | 35,471 | 0.9 | 17% |
| 2011 | 1,243,257 | 1,240,126 | 3,131 | 0.4 | 6% |
| 2012 | 1,161,873 | 1,115,876 | 45,997 | 0.5 | 11% |
| 2013 | 1,295,142 | 1,295,141 | 1 | 0.3 | 9% |
| 2016 | 679,746 | 687,258 | −7,512 | -0.0 | 13% |
| 2017 | 682,747 | 644,828 | 37,919 | 0.9 | 17% |
| 2018 | 950,562 | 961,195 | −10,633 | 0.4 | 8% |
| 2019 | 841,727 | 811,331 | 30,396 | 0.7 | 13% |
| 2020 | 417,329 | 373,351 | 43,978 | 2.7 | 39% |
| 2021 | 309,550 | 373,479 | −63,929 | 0.9 | 36% |
| 2022 | 351,927 | 321,638 | 30,289 | 2.2 | 41% |
| 2023 | 300,107 | 320,328 | −20,221 | 1.4 | 43% |
In its most recent public year (2023), this organization spent $20,221 more than it brought in. Its reserves stood at about 1.4 months of spending. Staff pay was 43% 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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