Gates Of Wisdom Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 1,469 | 1,221 | 248 | 2.4 | — |
| 2015 | 1,561 | 1,156 | 405 | 4.2 | — |
| 2016 | 522 | 533 | −11 | 1.6 | — |
| 2017 | 490 | 445 | 45 | 3.5 | — |
| 2018 | 315 | 316 | −1 | 4.9 | — |
| 2019 | 6,880 | 6,870 | 10 | 0.1 | — |
| 2020 | 1,156 | 919 | 237 | 6.2 | — |
| 2021 | 470 | 100 | 370 | 101.3 | — |
| 2022 | 799 | 1,176 | −377 | 4.8 | — |
In its most recent public year (2022), this organization spent $377 more than it brought in. Its reserves stood at about 4.8 months of spending, up from 2.4 in 2014.
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 2022. 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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