Worldserve Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,034,065 | 8,482 | 1,025,583 | 1527.9 | 0% |
| 2022 | 883,134 | 529,856 | 353,278 | 32.5 | 28% |
| 2023 | 824,008 | 660,258 | 163,750 | 29.0 | 23% |
In its most recent public year (2023), this organization brought in $163,750 more than it spent. Its reserves stood at about 29 months of spending, down from 1527.9 in 2021. Staff pay was 23% of spending. $120,618 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
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