Way Out Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 383,637 | 430,730 | −47,093 | 24.9 | 52% |
| 2012 | 398,366 | 389,012 | 9,354 | 27.9 | 52% |
| 2013 | 312,503 | 362,926 | −50,423 | 28.2 | 13% |
| 2014 | 312,610 | 308,212 | 4,398 | 33.4 | 15% |
| 2015 | 275,280 | 311,457 | −36,177 | 31.6 | 15% |
| 2016 | 354,231 | 339,899 | 14,332 | 29.5 | 44% |
| 2017 | 367,581 | 381,287 | −13,706 | 25.9 | 39% |
| 2018 | 364,606 | 367,715 | −3,109 | 26.7 | 43% |
| 2019 | 359,324 | 388,080 | −28,756 | 24.4 | 45% |
| 2020 | 454,068 | 396,434 | 57,634 | 25.6 | 49% |
| 2021 | 444,502 | 460,302 | −15,800 | 21.7 | 45% |
| 2022 | 449,553 | 492,362 | −42,809 | 19.2 | 46% |
| 2023 | 516,176 | 562,554 | −46,378 | 15.8 | 43% |
In its most recent public year (2023), this organization spent $46,378 more than it brought in. Its reserves stood at about 15.8 months of spending, down from 24.9 in 2011. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works