Renewal Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,303,949 | 1,289,967 | 13,982 | 4.6 | 32% |
| 2011 | 1,227,185 | 1,256,826 | −29,641 | 4.4 | 34% |
| 2012 | 1,278,747 | 1,368,462 | −89,715 | 3.3 | 33% |
| 2013 | 1,662,306 | 1,453,064 | 209,242 | 4.8 | 34% |
| 2014 | 1,730,091 | 1,674,100 | 55,991 | 4.6 | 33% |
| 2015 | 1,872,664 | 1,901,267 | −28,603 | 3.9 | 30% |
| 2016 | 2,117,003 | 1,737,697 | 379,306 | 6.9 | 33% |
| 2017 | 1,904,085 | 1,891,063 | 13,022 | 6.4 | 34% |
| 2018 | 3,123,822 | 1,958,556 | 1,165,266 | 14.0 | 35% |
| 2019 | 2,083,791 | 2,225,098 | −141,307 | 11.4 | 35% |
| 2020 | 2,152,464 | 1,973,286 | 179,178 | 14.7 | 43% |
| 2021 | 2,600,758 | 2,202,221 | 398,537 | 15.3 | 44% |
| 2022 | 3,173,962 | 2,785,205 | 388,757 | 13.8 | 39% |
| 2023 | 2,626,956 | 2,780,009 | −153,053 | 13.2 | 40% |
In its most recent public year (2023), this organization spent $153,053 more than it brought in. Its reserves stood at about 13.2 months of spending, up from 4.6 in 2010. Staff pay was 40% of spending. $151,735 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
Renewal 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