Re-Launch Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 57,751 | 21,401 | 36,350 | 21.3 | — |
| 2018 | 21,019 | 23,151 | −2,132 | 16.3 | — |
| 2019 | 56,430 | 40,660 | 15,770 | 13.9 | — |
| 2020 | 90,970 | 61,997 | 28,973 | 14.7 | — |
| 2021 | 214,394 | 177,753 | 36,641 | 7.6 | 42% |
| 2022 | 195,766 | 196,174 | −408 | 6.9 | — |
| 2023 | 254,890 | 247,361 | 7,529 | 5.8 | 38% |
In its most recent public year (2023), this organization brought in $7,529 more than it spent. Its reserves stood at about 5.8 months of spending, down from 21.3 in 2016. Staff pay was 38% of spending. $8,335 of its net assets are donor-restricted.
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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