Redemption House Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 38,536 | 73,622 | −35,086 | 24.2 | — |
| 2012 | 72,078 | 69,306 | 2,772 | 26.2 | — |
| 2013 | 115,846 | 101,709 | 14,137 | 20.5 | — |
| 2014 | 121,630 | 117,753 | 3,877 | 17.7 | — |
| 2015 | 184,301 | 156,971 | 27,330 | 12.0 | — |
| 2016 | 159,239 | 159,555 | −316 | 11.8 | — |
| 2017 | 178,137 | 155,876 | 22,261 | 13.8 | — |
| 2018 | 186,807 | 193,488 | −6,681 | 10.7 | 65% |
| 2019 | 451,100 | 343,498 | 107,602 | 5.6 | 60% |
| 2020 | 859,051 | 445,165 | 413,886 | 15.5 | 61% |
| 2021 | 909,788 | 632,212 | 277,576 | 16.7 | 52% |
| 2022 | 1,034,536 | 788,159 | 246,377 | 17.2 | 51% |
| 2023 | 1,284,024 | 1,012,064 | 271,960 | 16.8 | 47% |
In its most recent public year (2023), this organization brought in $271,960 more than it spent. Its reserves stood at about 16.8 months of spending, down from 24.2 in 2011. Staff pay was 47% of spending. $319,281 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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