Open Gate Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 607,866 | 600,068 | 7,798 | 4.7 | 33% |
| 2012 | 599,340 | 517,437 | 81,903 | 7.3 | 37% |
| 2013 | 484,623 | 518,516 | −33,893 | 6.5 | 7% |
| 2014 | 693,758 | 697,156 | −3,398 | 4.8 | 5% |
| 2015 | 891,403 | 886,492 | 4,911 | 3.8 | 25% |
| 2016 | 818,311 | 840,460 | −22,149 | 3.7 | 26% |
| 2017 | 929,177 | 953,510 | −24,333 | 3.0 | 25% |
| 2018 | 816,633 | 868,110 | −51,477 | 2.6 | 24% |
| 2019 | 895,200 | 844,619 | 50,581 | 3.4 | 22% |
| 2020 | 995,387 | 984,775 | 10,612 | 3.0 | 29% |
| 2021 | 997,629 | 917,198 | 80,431 | 4.3 | 32% |
| 2022 | 1,066,604 | 1,017,045 | 49,559 | 4.4 | 34% |
| 2023 | 1,234,123 | 1,314,218 | −80,095 | 2.7 | 28% |
In its most recent public year (2023), this organization spent $80,095 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 4.7 in 2011. Staff pay was 28% 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
Open Gate Ministries Inc'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