Our Lady Of America Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,491,907 | 6,381,056 | 110,851 | 0.5 | 67% |
| 2021 | 3,757,228 | 3,791,745 | −34,517 | 0.8 | 72% |
| 2022 | 6,469,420 | 4,879,981 | 1,589,439 | 4.5 | 70% |
| 2023 | 2,141,130 | 3,402,082 | −1,260,952 | 2.7 | 66% |
In its most recent public year (2023), this organization spent $1,260,952 more than it brought in. Its reserves stood at about 2.7 months of spending, up from 0.5 in 2020. Staff pay was 66% 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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