Philippi Freedom Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 86,667 | 25,590 | 61,077 | 28.6 | — |
| 2013 | 78,191 | 87,827 | −9,636 | 7.6 | — |
| 2014 | 118,003 | 104,329 | 13,674 | 7.9 | — |
| 2015 | 101,311 | 86,745 | 14,566 | 10.7 | — |
| 2016 | 134,470 | 104,822 | 29,648 | 12.0 | — |
| 2017 | 162,880 | 99,825 | 63,055 | 19.9 | — |
| 2018 | 170,966 | 121,150 | 49,816 | 21.1 | — |
| 2019 | 194,967 | 148,041 | 46,926 | 20.9 | — |
| 2020 | 344,699 | 159,270 | 185,429 | 33.4 | 66% |
| 2021 | 229,421 | 191,078 | 38,343 | 30.6 | 59% |
| 2022 | 310,920 | 220,974 | 89,946 | 31.4 | 57% |
| 2023 | 296,154 | 235,876 | 60,278 | 32.5 | 63% |
In its most recent public year (2023), this organization brought in $60,278 more than it spent. Its reserves stood at about 32.5 months of spending, up from 28.6 in 2012. Staff pay was 63% 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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