Olivet Medical Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,577,708 | 1,352,348 | 225,360 | 32.0 | 59% |
| 2012 | 6,230,715 | 5,834,265 | 396,450 | 8.3 | 15% |
| 2013 | 3,113,528 | 2,970,190 | 143,338 | 17.4 | 15% |
| 2014 | 7,714,366 | 7,279,140 | 435,226 | 7.8 | 14% |
| 2015 | 7,509,327 | 7,505,412 | 3,915 | 6.8 | 16% |
| 2016 | 7,574,087 | 8,126,011 | −551,924 | 5.4 | 16% |
| 2017 | 9,454,302 | 9,322,438 | 131,864 | 4.9 | 12% |
| 2018 | 7,781,556 | 7,772,390 | 9,166 | 4.4 | 16% |
| 2019 | 8,209,780 | 8,260,876 | −51,096 | 4.1 | 14% |
| 2020 | 9,371,365 | 9,222,639 | 148,726 | 3.8 | 13% |
| 2021 | 9,421,845 | 9,316,063 | 105,782 | 4.2 | 15% |
| 2022 | 8,947,962 | 8,880,218 | 67,744 | 4.3 | 16% |
| 2023 | 9,627,117 | 9,809,975 | −182,858 | 3.7 | 16% |
| 2024 | 10,413,796 | 10,562,576 | −148,780 | 3.4 | 17% |
In its most recent public year (2024), this organization spent $148,780 more than it brought in. Its reserves stood at about 3.4 months of spending, down from 32 in 2011. Staff pay was 17% of spending. $12,018 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
Olivet Medical Ministry 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