Larry Thompson Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 192,129 | 66,425 | 125,704 | 40.4 | — |
| 2017 | 242,073 | 190,826 | 51,247 | 17.3 | 50% |
| 2018 | 264,612 | 230,032 | 34,580 | 16.1 | 46% |
| 2019 | 255,458 | 253,768 | 1,690 | 14.7 | 41% |
| 2020 | 318,466 | 183,105 | 135,361 | 29.3 | 60% |
| 2021 | 159,082 | 168,436 | −9,354 | 31.7 | 74% |
| 2022 | 97,250 | 169,030 | −71,780 | 26.4 | — |
In its most recent public year (2022), this organization spent $71,780 more than it brought in. Its reserves stood at about 26.4 months of spending, down from 40.4 in 2016.
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
Larry Thompson Ministries Inc's IRS filings as a feed — one entry per filing year, through 2022. 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