Inspiring Philosophy Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 108,495 | 105,157 | 3,338 | 2.0 | — |
| 2021 | 147,471 | 128,012 | 19,459 | 3.5 | — |
| 2022 | 128,579 | 144,868 | −16,289 | 1.7 | — |
| 2023 | 239,901 | 186,566 | 53,335 | 4.8 | 35% |
In its most recent public year (2023), this organization brought in $53,335 more than it spent. Its reserves stood at about 4.8 months of spending, up from 2 in 2020. Staff pay was 35% 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 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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