Kenneth Phillips Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 204,537 | 172,339 | 32,198 | 2.2 | 55% |
| 2015 | 192,264 | 191,314 | 950 | 2.1 | 50% |
| 2016 | 302,946 | 123,376 | 179,570 | 20.7 | 70% |
| 2017 | 28,161 | 198,848 | −170,687 | 2.5 | 28% |
| 2018 | 191,865 | 164,680 | 27,185 | 4.7 | 40% |
| 2019 | 1,032,407 | 444,126 | 588,281 | 18.6 | 46% |
| 2020 | 104,165 | 307,235 | −203,070 | 19.0 | 50% |
| 2021 | 33,917 | 406,203 | −372,286 | 4.1 | 38% |
| 2022 | 202,357 | 210,256 | −7,899 | 7.5 | 33% |
| 2023 | 58,338 | 189,518 | −131,180 | 0.0 | 25% |
In its most recent public year (2023), this organization spent $131,180 more than it brought in. Its reserves stood at about 0 months of spending, down from 2.2 in 2014. Staff pay was 25% 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
Kenneth Phillips 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