Blessing Corporate Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 127,498,779 | 117,421,221 | 10,077,558 | 3.6 | 55% |
| 2021 | 149,591,976 | 137,702,822 | 11,889,154 | 3.4 | 54% |
| 2022 | 134,447,585 | 121,700,443 | 12,747,142 | 3.1 | 51% |
| 2023 | 58,593,670 | 64,561,536 | −5,967,866 | -0.4 | 48% |
In its most recent public year (2023), this organization spent $5,967,866 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.4 months), down from 3.6 in 2020. Staff pay was 48% of spending. $30,877 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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