Miracle Hill Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 12,466,589 | 11,248,975 | 1,217,614 | 19.9 | 47% |
| 2013 | 12,671,205 | 12,694,061 | −22,856 | 18.0 | 4% |
| 2014 | 14,300,657 | 13,760,519 | 540,138 | 17.3 | 48% |
| 2015 | 16,510,993 | 15,174,058 | 1,336,935 | 16.6 | 4% |
| 2016 | 16,352,276 | 16,204,342 | 147,934 | 16.0 | 50% |
| 2017 | 17,649,694 | 17,292,047 | 357,647 | 15.5 | 52% |
| 2018 | 17,336,376 | 17,579,619 | −243,243 | 15.1 | 3% |
| 2019 | 19,146,615 | 18,190,488 | 956,127 | 15.2 | 50% |
| 2020 | 17,408,884 | 17,558,253 | −149,369 | 15.5 | 50% |
| 2021 | 20,769,518 | 17,768,913 | 3,000,605 | 18.2 | 48% |
| 2022 | 22,314,976 | 18,494,951 | 3,820,025 | 18.4 | 46% |
| 2023 | 23,724,815 | 20,701,358 | 3,023,457 | 18.5 | 41% |
In its most recent public year (2023), this organization brought in $3,023,457 more than it spent. Its reserves stood at about 18.5 months of spending, down from 19.9 in 2012. Staff pay was 41% of spending. $8,587,117 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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