Greater Hickory Cooperative Christian Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,321,266 | 4,028,979 | 292,287 | 13.5 | 22% |
| 2021 | 3,541,261 | 3,710,254 | −168,993 | 14.1 | 23% |
| 2022 | 2,365,925 | 3,151,207 | −785,282 | 13.5 | 25% |
| 2023 | 3,661,480 | 2,946,085 | 715,395 | 17.5 | 22% |
In its most recent public year (2023), this organization brought in $715,395 more than it spent. Its reserves stood at about 17.5 months of spending, up from 13.5 in 2020. Staff pay was 22% of spending. $84,535 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 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
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