Friendship Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 261,266 | 291,193 | −29,927 | 26.4 | 52% |
| 2012 | 321,109 | 289,017 | 32,092 | 27.3 | 56% |
| 2013 | 281,884 | 287,763 | −5,879 | 30.0 | 49% |
| 2014 | 244,395 | 199,046 | 45,349 | 48.1 | 45% |
| 2015 | 241,298 | 292,957 | −51,659 | 29.8 | 57% |
| 2016 | 231,389 | 268,853 | −37,464 | 29.4 | 67% |
| 2017 | 317,558 | 462,006 | −144,448 | 13.4 | 33% |
| 2018 | 277,928 | 338,411 | −60,483 | 16.0 | 43% |
| 2019 | 246,513 | 286,632 | −40,119 | 17.3 | 51% |
| 2020 | 229,050 | 246,367 | −17,317 | 18.9 | 52% |
| 2021 | 115,918 | 360,421 | −244,503 | 0.0 | — |
| 2022 | 0 | 0 | 0 | — | — |
| 2023 | 27,548 | 100,694 | −73,146 | 18.5 | — |
| 2024 | 695,588 | 275,308 | 420,280 | 25.9 | 56% |
In its most recent public year (2024), this organization brought in $420,280 more than it spent. Its reserves stood at about 25.9 months of spending. Staff pay was 56% 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 2024. 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
Friendship Ministries's IRS filings as a feed — one entry per filing year, through 2024. 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