Hovsepian Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 390,238 | 319,746 | 70,492 | 6.0 | 9% |
| 2012 | 265,565 | 283,709 | −18,144 | 7.5 | 13% |
| 2013 | 276,133 | 288,710 | −12,577 | 5.0 | 13% |
| 2014 | 415,852 | 316,426 | 99,426 | 8.2 | 14% |
| 2015 | 329,451 | 326,827 | 2,624 | 8.3 | 15% |
| 2016 | 388,799 | 316,662 | 72,137 | 11.5 | 22% |
| 2017 | 359,836 | 346,041 | 13,795 | 11.0 | 18% |
| 2018 | 329,726 | 332,378 | −2,652 | 10.4 | 20% |
| 2019 | 386,032 | 353,560 | 32,472 | 11.7 | 16% |
| 2020 | 283,841 | 269,024 | 14,817 | 13.9 | 30% |
| 2021 | 331,036 | 323,891 | 7,145 | 12.2 | 24% |
| 2022 | 337,599 | 314,694 | 22,905 | 10.1 | 19% |
| 2023 | 318,293 | 376,312 | −58,019 | 8.3 | 16% |
In its most recent public year (2023), this organization spent $58,019 more than it brought in. Its reserves stood at about 8.3 months of spending, up from 6 in 2011. Staff pay was 16% 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
Hovsepian Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works