Belt Of Truth Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 191,892 | 152,881 | 39,011 | 3.1 | — |
| 2015 | 329,733 | 228,145 | 101,588 | 7.4 | 33% |
| 2016 | 333,371 | 256,462 | 76,909 | 10.2 | 34% |
| 2017 | 338,414 | 332,193 | 6,221 | 8.1 | 26% |
| 2018 | 314,206 | 322,378 | −8,172 | 8.0 | 29% |
| 2019 | 428,452 | 317,049 | 111,403 | 12.4 | 34% |
| 2020 | 405,721 | 310,001 | 95,720 | 16.4 | 42% |
| 2021 | 392,186 | 293,865 | 98,321 | 21.3 | 43% |
| 2022 | 494,576 | 447,451 | 47,125 | 15.5 | 27% |
In its most recent public year (2022), this organization brought in $47,125 more than it spent. Its reserves stood at about 15.5 months of spending, up from 3.1 in 2014. Staff pay was 27% 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 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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