Phoenix Ministries 3 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 745,543 | 803,804 | −58,261 | 59.0 | 21% |
| 2021 | 744,802 | 903,488 | −158,686 | 50.4 | 19% |
| 2022 | 793,148 | 911,177 | −118,029 | 48.3 | 20% |
| 2023 | 805,826 | 875,030 | −69,204 | 49.2 | 0% |
In its most recent public year (2023), this organization spent $69,204 more than it brought in. Its reserves stood at about 49.2 months of spending, down from 59 in 2020. Staff pay was 0% 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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