Shalem Institute For Spiritual Formation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 857,260 | 823,113 | 34,147 | 9.7 | 31% |
| 2012 | 996,626 | 906,515 | 90,111 | 10.2 | 30% |
| 2013 | 1,161,192 | 1,031,574 | 129,618 | 11.1 | 34% |
| 2014 | 1,174,486 | 1,181,628 | −7,142 | 9.6 | 36% |
| 2015 | 1,042,514 | 1,074,003 | −31,489 | 10.2 | 32% |
| 2016 | 1,034,707 | 1,085,400 | −50,693 | 9.6 | 22% |
| 2017 | 1,138,742 | 1,067,434 | 71,308 | 11.1 | 27% |
| 2018 | 1,580,093 | 1,031,313 | 548,780 | 18.0 | 28% |
| 2019 | 1,238,594 | 956,925 | 281,669 | 23.6 | 31% |
| 2020 | 1,185,109 | 936,135 | 248,974 | 28.3 | 31% |
| 2021 | 1,446,057 | 819,291 | 626,766 | 45.5 | 41% |
| 2022 | 1,361,459 | 1,126,805 | 234,654 | 32.4 | 31% |
| 2023 | 1,253,648 | 1,158,325 | 95,323 | 34.0 | 30% |
| 2024 | 1,484,489 | 1,404,451 | 80,038 | 30.8 | 34% |
In its most recent public year (2024), this organization brought in $80,038 more than it spent. Its reserves stood at about 30.8 months of spending, up from 9.7 in 2011. Staff pay was 34% of spending. $1,019,711 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 2024. 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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