Miracle Connect Usa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 290,991 | 326,046 | −35,055 | 0.8 | 0% |
| 2022 | 850,795 | 849,475 | 1,320 | 0.3 | 0% |
| 2023 | 646,719 | 643,205 | 3,514 | 0.5 | 8% |
In its most recent public year (2023), this organization brought in $3,514 more than it spent. Its reserves stood at about 0.5 months of spending. Staff pay was 8% 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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