Set Free Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,157,996 | 1,358,473 | −200,477 | 1.2 | 15% |
| 2012 | 1,058,227 | 989,989 | 68,238 | 2.5 | 24% |
| 2013 | 1,444,563 | 1,089,958 | 354,605 | 6.2 | 28% |
| 2014 | 1,218,096 | 1,414,922 | −196,826 | 3.1 | 25% |
| 2015 | 1,407,763 | 1,426,644 | −18,881 | 2.9 | 29% |
| 2016 | 1,237,986 | 1,151,814 | 86,172 | 4.5 | 10% |
| 2017 | 1,698,518 | 1,273,485 | 425,033 | 8.1 | 9% |
| 2018 | 1,556,538 | 1,433,131 | 123,407 | 8.2 | 8% |
| 2019 | 2,262,119 | 2,056,119 | 206,000 | 6.9 | 24% |
| 2020 | 1,995,528 | 1,483,393 | 512,135 | 13.7 | 35% |
| 2021 | 1,902,924 | 1,734,617 | 168,307 | 12.9 | 31% |
| 2022 | 2,405,119 | 2,875,338 | −470,219 | 5.8 | 26% |
| 2023 | 3,865,149 | 3,372,045 | 493,104 | 6.7 | 24% |
In its most recent public year (2023), this organization brought in $493,104 more than it spent. Its reserves stood at about 6.7 months of spending, up from 1.2 in 2011. Staff pay was 24% of spending. $411,750 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
Set Free Ministries'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