New Horizons Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,187,264 | 1,811,563 | 375,701 | 13.5 | 34% |
| 2012 | 2,935,480 | 2,222,271 | 713,209 | 14.2 | 41% |
| 2013 | 2,784,005 | 2,521,428 | 262,577 | 13.8 | 41% |
| 2014 | 1,465,414 | 1,371,452 | 93,962 | 29.9 | 38% |
| 2015 | 3,470,096 | 2,952,735 | 517,361 | 16.0 | 43% |
| 2016 | 3,851,997 | 2,860,449 | 991,548 | 20.7 | 43% |
| 2017 | 3,835,646 | 3,210,004 | 625,642 | 20.8 | 46% |
| 2018 | 4,522,977 | 3,874,521 | 648,456 | 19.2 | 48% |
| 2019 | 5,340,733 | 4,382,561 | 958,172 | 19.6 | 48% |
| 2020 | 6,820,531 | 4,881,565 | 1,938,966 | 22.4 | 51% |
| 2021 | 6,986,290 | 6,253,497 | 732,793 | 18.9 | 52% |
| 2022 | 7,833,240 | 7,902,165 | −68,925 | 15.4 | 51% |
| 2023 | 8,053,321 | 9,244,213 | −1,190,892 | 11.6 | 52% |
| 2024 | 9,822,437 | 14,879,221 | −5,056,784 | 3.1 | 33% |
In its most recent public year (2024), this organization spent $5,056,784 more than it brought in. Its reserves stood at about 3.1 months of spending, down from 13.5 in 2011. Staff pay was 33% of spending. $705,839 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
New Horizons Ministries Inc's IRS filings as a feed — one entry per filing year, through 2024. 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