Praise And Proclaim Ministries Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 96,030 | 63,870 | 32,160 | 6.0 | — |
| 2017 | 98,548 | 86,738 | 11,810 | 6.1 | — |
| 2018 | 82,303 | 92,628 | −10,325 | 4.4 | — |
| 2019 | 97,369 | 107,742 | −10,373 | 2.6 | — |
| 2020 | 84,832 | 92,253 | −7,421 | 2.1 | — |
| 2021 | 123,898 | 107,064 | 16,834 | 3.7 | — |
| 2022 | 128,620 | 127,943 | 677 | 3.1 | — |
| 2023 | 136,976 | 140,754 | −3,778 | 2.5 | — |
In its most recent public year (2023), this organization spent $3,778 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 6 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 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
Praise And Proclaim Ministries Corporation'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