Stephen Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 5,700,479 | 3,633,631 | 2,066,848 | 75.4 | 38% |
| 2022 | 5,602,999 | 3,560,874 | 2,042,125 | 83.9 | 38% |
| 2023 | 4,932,890 | 3,462,522 | 1,470,368 | 91.3 | 41% |
| 2024 | 5,273,719 | 3,509,910 | 1,763,809 | 96.1 | 43% |
In its most recent public year (2024), this organization brought in $1,763,809 more than it spent. Its reserves stood at about 96.1 months of spending, up from 75.4 in 2021. Staff pay was 43% 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
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