Vessel Of Honour Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 119,431 | 90,435 | 28,996 | 3.8 | — |
| 2014 | 139,272 | 127,522 | 11,750 | 3.8 | — |
| 2015 | 134,994 | 149,868 | −14,874 | 2.1 | — |
| 2016 | 144,413 | 142,946 | 1,467 | 2.3 | — |
| 2017 | 169,459 | 155,519 | 13,940 | 3.2 | — |
| 2018 | 175,479 | 192,878 | −17,399 | 1.5 | — |
| 2019 | 191,673 | 159,494 | 32,179 | 4.2 | — |
| 2020 | 252,451 | 231,638 | 20,813 | 4.0 | 42% |
| 2021 | 280,904 | 265,646 | 15,258 | 4.2 | 36% |
| 2022 | 283,885 | 314,906 | −31,021 | 2.3 | 29% |
| 2023 | 241,608 | 237,798 | 3,810 | 3.3 | 31% |
In its most recent public year (2023), this organization brought in $3,810 more than it spent. Its reserves stood at about 3.3 months of spending. Staff pay was 31% 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
Vessel Of Honour Ministries 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