Salem Family Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 478,481 | 465,860 | 12,621 | 115.3 | 66% |
| 2021 | 642,287 | 658,170 | −15,883 | 81.3 | 68% |
| 2022 | 409,018 | 539,689 | −130,671 | 96.6 | 81% |
| 2023 | 804,288 | 541,845 | 262,443 | 102.0 | 73% |
In its most recent public year (2023), this organization brought in $262,443 more than it spent. Its reserves stood at about 102 months of spending, down from 115.3 in 2020. Staff pay was 73% 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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