Useful Ministries Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 10,763 | 10,378 | 385 | 15.5 | 0% |
| 2014 | 11,800 | 3,174 | 8,626 | 83.3 | 0% |
| 2015 | 10,000 | 11,683 | −1,683 | 20.9 | 0% |
| 2016 | 6,600 | 16,530 | −9,930 | 7.6 | 0% |
| 2017 | 13,089 | 12,432 | 657 | 4.3 | 0% |
| 2018 | 6,576 | 4,600 | 1,976 | 16.9 | 0% |
| 2019 | 3,542 | 969 | 2,573 | 111.9 | 0% |
| 2020 | 10,469 | 3,727 | 6,742 | 50.8 | 0% |
| 2021 | 6,941 | 22,595 | −15,654 | 0.1 | 0% |
| 2022 | 18,589 | 22,677 | −4,088 | -2.1 | 0% |
| 2023 | 16,313 | 16,078 | 235 | -2.8 | 0% |
In its most recent public year (2023), this organization brought in $235 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.8 months), down from 15.5 in 2013. Staff pay was 0% 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
Useful Ministries Incorporated'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