Prayfit Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 37,827 | 42,037 | −4,210 | 0.2 | — |
| 2020 | 66,432 | 62,314 | 4,118 | 0.8 | — |
| 2021 | 40,067 | 36,982 | 3,085 | 2.4 | — |
| 2023 | 45,013 | 48,129 | −3,116 | 3.8 | — |
In its most recent public year (2023), this organization spent $3,116 more than it brought in. Its reserves stood at about 3.8 months of spending, up from 0.2 in 2018.
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
Prayfit 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