World Olivet Assembly Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 17,690,173 | 2,499,512 | 15,190,661 | 72.9 | 6% |
| 2017 | 24,090,411 | 10,550,820 | 13,539,591 | 27.8 | 3% |
| 2018 | 16,463,681 | 11,083,437 | 5,380,244 | 32.0 | 4% |
| 2019 | 16,262,364 | 11,180,459 | 5,081,905 | 37.2 | 3% |
| 2020 | 17,699,333 | 13,591,850 | 4,107,483 | 34.2 | 2% |
| 2021 | 19,940,573 | 14,398,475 | 5,542,098 | 36.9 | 3% |
| 2022 | 20,041,957 | 19,890,260 | 151,697 | 28.2 | 3% |
| 2023 | 17,208,664 | 14,511,839 | 2,696,825 | 40.9 | 1% |
In its most recent public year (2023), this organization brought in $2,696,825 more than it spent. Its reserves stood at about 40.9 months of spending, down from 72.9 in 2016. Staff pay was 1% of spending. $7,885,620 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
World Olivet Assembly Inc'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