Soorin Backer Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 48,609 | 4,813 | 43,796 | 130.2 | — |
| 2018 | 52,434 | 51,522 | 912 | 1.1 | — |
| 2019 | 40,716 | 53,246 | −12,530 | -1.8 | — |
| 2020 | 29,246 | 16,833 | 12,413 | 3.2 | — |
| 2021 | 70,306 | 51,600 | 18,706 | 5.4 | — |
| 2022 | 48,152 | 67,803 | −19,651 | 0.6 | — |
| 2023 | 57,052 | 58,346 | −1,294 | 0.5 | — |
In its most recent public year (2023), this organization spent $1,294 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 130.2 in 2016.
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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