Operating record

Chance Walters Ministries Inc

Randleman, NC · EIN 46-3549174 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$139,391$124,431$14,9604.0
2021$173,365$156,802$16,5634.4
2022$196,648$197,006−$3583.544%
2023$217,793$209,387$8,4063.141%

In its most recent public year (2023), this organization brought in $8,406 more than it spent. Its reserves stood at about 3.1 months of spending. Staff pay was 41% 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 ↗