Truly Fed Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 334,846 | 235,826 | 99,020 | 8.7 | 17% |
| 2021 | 517,218 | 417,043 | 100,175 | 7.8 | 14% |
| 2022 | 757,697 | 619,433 | 138,264 | 7.9 | 7% |
| 2023 | 1,125,349 | 1,060,954 | 64,395 | 5.4 | 4% |
In its most recent public year (2023), this organization brought in $64,395 more than it spent. Its reserves stood at about 5.4 months of spending, down from 8.7 in 2020. Staff pay was 4% of spending. $62,450 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
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