Southern Mutual Church Insurance Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 32,736,767 | 39,081,415 | −6,344,648 | 4.7 | 7% |
| 2012 | 35,201,107 | 33,662,446 | 1,538,661 | 6.1 | 8% |
| 2013 | 37,051,285 | 34,210,191 | 2,841,094 | 7.3 | 8% |
| 2014 | 39,486,512 | 36,356,631 | 3,129,881 | 8.1 | 8% |
| 2015 | 41,189,795 | 38,387,686 | 2,802,109 | 8.2 | 8% |
| 2016 | 43,215,961 | 37,132,097 | 6,083,864 | 10.6 | 9% |
| 2017 | 45,441,550 | 39,553,936 | 5,887,614 | 11.7 | 9% |
| 2018 | 48,186,492 | 45,034,421 | 3,152,071 | 10.7 | 8% |
| 2019 | 51,219,086 | 46,175,537 | 5,043,549 | 12.2 | 9% |
| 2020 | 56,604,162 | 53,797,420 | 2,806,742 | 10.9 | 8% |
| 2021 | 60,236,584 | 57,205,426 | 3,031,158 | 11.0 | 8% |
| 2022 | 67,035,993 | 67,871,296 | −835,303 | 8.7 | 6% |
| 2023 | 73,780,868 | 87,585,073 | −13,804,205 | 4.8 | 5% |
In its most recent public year (2023), this organization spent $13,804,205 more than it brought in. Its reserves stood at about 4.8 months of spending. Staff pay was 5% 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
Southern Mutual Church Insurance Company's IRS filings as a feed — one entry per filing year, through 2023. 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