The Soulfisher Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 104,403 | 103,396 | 1,007 | 0.2 | — |
| 2016 | 157,165 | 162,899 | −5,734 | -0.1 | 42% |
| 2017 | 392,060 | 428,464 | −36,404 | -1.1 | 16% |
| 2019 | 624,460 | 779,625 | −155,165 | 5.4 | 0% |
| 2020 | 921,834 | 1,058,358 | −136,524 | 2.5 | 43% |
| 2021 | 1,192,274 | 1,080,147 | 112,127 | 3.6 | 58% |
| 2022 | 3,008,691 | 1,355,973 | 1,652,718 | 17.5 | 47% |
| 2023 | 1,845,733 | 2,236,982 | −391,249 | 8.5 | 14% |
In its most recent public year (2023), this organization spent $391,249 more than it brought in. Its reserves stood at about 8.5 months of spending, up from 0.2 in 2015. Staff pay was 14% of spending. $1,069,817 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
The Soulfisher Ministries'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