New Horizon Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 638,312 | 620,808 | 17,504 | 5.9 | 65% |
| 2012 | 667,946 | 605,592 | 62,354 | 5.7 | 60% |
| 2013 | 637,847 | 604,099 | 33,748 | 6.0 | 56% |
| 2014 | 678,307 | 658,173 | 20,134 | 4.4 | 52% |
| 2015 | 525,954 | 499,699 | 26,255 | 6.8 | 52% |
| 2016 | 491,976 | 468,135 | 23,841 | 6.8 | 55% |
| 2017 | 673,877 | 644,678 | 29,199 | 6.7 | 41% |
| 2018 | 378,743 | 723,199 | −344,456 | 6.4 | 41% |
| 2019 | 538,942 | 533,231 | 5,711 | 7.9 | 54% |
| 2020 | 521,797 | 515,457 | 6,340 | 9.1 | 54% |
| 2022 | 1,501,102 | 1,212,727 | 288,375 | 45.7 | 26% |
| 2023 | 1,035,875 | 973,493 | 62,382 | 57.8 | 24% |
In its most recent public year (2023), this organization brought in $62,382 more than it spent. Its reserves stood at about 57.8 months of spending, up from 5.9 in 2011. Staff pay was 24% 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
New Horizon Ministries'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