Redemption House Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 215,403 | 213,818 | 1,585 | 5.5 | 78% |
| 2022 | 341,252 | 285,860 | 55,392 | 6.4 | 78% |
In its most recent public year (2022), this organization brought in $55,392 more than it spent. Its reserves stood at about 6.4 months of spending. Staff pay was 78% of spending. $35,000 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 2022. 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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