Higginbotham Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 75,728 | 75,152 | 576 | 0.2 | — |
| 2018 | 80,871 | 80,600 | 271 | 0.3 | — |
| 2019 | 91,772 | 93,168 | −1,396 | 0.1 | — |
| 2020 | 85,567 | 85,096 | 471 | 0.1 | — |
| 2021 | 76,560 | 76,018 | 542 | 0.2 | — |
| 2022 | 76,064 | 73,567 | 2,497 | 0.4 | — |
| 2023 | 80,516 | 82,578 | −2,062 | 0.1 | — |
In its most recent public year (2023), this organization spent $2,062 more than it brought in. Its reserves stood at about 0.1 months 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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