Royal Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,964,187 | 2,138,192 | −174,005 | 5.7 | 51% |
| 2013 | 2,099,114 | 2,158,659 | −59,545 | 5.4 | 53% |
| 2014 | 2,000,633 | 2,165,099 | −164,466 | 4.4 | 52% |
| 2015 | 2,073,092 | 2,266,517 | −193,425 | 3.5 | 53% |
| 2016 | 2,517,650 | 2,513,936 | 3,714 | 3.2 | 43% |
| 2017 | 2,051,712 | 1,559,949 | 491,763 | 9.1 | 50% |
| 2018 | 1,717,178 | 1,632,986 | 84,192 | 9.3 | 49% |
| 2019 | 1,730,847 | 1,824,809 | −93,962 | 7.7 | 49% |
| 2020 | 1,702,212 | 1,631,338 | 70,874 | 9.2 | 53% |
| 2021 | 1,929,881 | 1,611,901 | 317,980 | 11.7 | 53% |
| 2022 | 2,407,722 | 1,902,033 | 505,689 | 13.1 | 50% |
| 2023 | 2,158,511 | 2,087,149 | 71,362 | 12.3 | 50% |
In its most recent public year (2023), this organization brought in $71,362 more than it spent. Its reserves stood at about 12.3 months of spending, up from 5.7 in 2012. Staff pay was 50% of spending. $729,768 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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