Charismatic Renewal Ministries Praise Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,741 | 50,808 | 19,933 | 18.9 | — |
| 2012 | 38,189 | 35,222 | 2,967 | 20.2 | — |
| 2013 | 46,195 | 47,636 | −1,441 | 14.5 | — |
| 2014 | 55,734 | 47,943 | 7,791 | 21.9 | — |
| 2015 | 54,122 | 59,866 | −5,744 | 16.4 | — |
| 2016 | 50,216 | 56,559 | −6,343 | 16.0 | — |
| 2017 | 54,100 | 60,828 | −6,728 | 13.5 | — |
| 2018 | 49,346 | 51,730 | −2,384 | 15.3 | — |
| 2019 | 57,045 | 55,569 | 1,476 | 14.6 | — |
| 2020 | 45,209 | 49,198 | −3,989 | 15.5 | — |
| 2021 | 71,511 | 56,940 | 14,571 | 27.4 | — |
| 2022 | 82,443 | 83,146 | −703 | 17.7 | — |
In its most recent public year (2022), this organization spent $703 more than it brought in. Its reserves stood at about 17.7 months of spending, down from 18.9 in 2011.
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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