Praise Unlimited-Wayne West Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 129,211 | 125,378 | 3,833 | 2.1 | 62% |
| 2012 | 143,259 | 147,139 | −3,880 | 1.5 | 52% |
| 2013 | 136,855 | 133,676 | 3,179 | 2.2 | 52% |
| 2014 | 117,847 | 96,651 | 21,196 | 6.1 | 39% |
| 2015 | 103,075 | 103,368 | −293 | 5.7 | 39% |
| 2016 | 91,390 | 101,400 | −10,010 | 4.5 | 47% |
| 2017 | 102,391 | 102,519 | −128 | 4.7 | 46% |
| 2018 | 87,365 | 92,599 | −5,234 | 4.6 | 50% |
| 2019 | 92,226 | 94,298 | −2,072 | 4.7 | 50% |
| 2020 | 79,536 | 76,861 | 2,675 | 6.9 | 47% |
| 2021 | 52,707 | 47,776 | 4,931 | 12.7 | 64% |
| 2022 | 52,731 | 56,412 | −3,681 | 9.8 | 55% |
| 2023 | 45,644 | 50,129 | −4,485 | 10.3 | 61% |
In its most recent public year (2023), this organization spent $4,485 more than it brought in. Its reserves stood at about 10.3 months of spending, up from 2.1 in 2011. Staff pay was 61% of spending.
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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