Jubilee Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 189,835 | 140,771 | 49,064 | 6.3 | — |
| 2021 | 204,328 | 152,947 | 51,381 | 9.8 | 0% |
| 2022 | 126,938 | 188,338 | −61,400 | 4.0 | 0% |
| 2023 | 189,661 | 208,814 | −19,153 | 2.5 | 0% |
In its most recent public year (2023), this organization spent $19,153 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 6.3 in 2020. Staff pay was 0% 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
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