Magezi Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 98,128 | 98,081 | 47 | 1.8 | — |
| 2018 | 95,510 | 92,606 | 2,904 | 2.3 | — |
| 2019 | 90,224 | 94,681 | −4,457 | 3.1 | — |
| 2020 | 80,642 | 86,094 | −5,452 | 4.6 | — |
| 2021 | 89,103 | 91,258 | −2,155 | 4.6 | — |
| 2022 | 101,854 | 101,267 | 587 | 6.3 | — |
| 2023 | 106,148 | 101,776 | 4,372 | 7.1 | — |
In its most recent public year (2023), this organization brought in $4,372 more than it spent. Its reserves stood at about 7.1 months of spending, up from 1.8 in 2017.
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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