Resource Service Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,558,605 | 1,226,187 | 332,418 | 14.0 | 17% |
| 2021 | 1,535,671 | 1,244,176 | 291,495 | 16.6 | 16% |
| 2022 | 1,392,452 | 1,383,900 | 8,552 | 15.0 | 18% |
| 2023 | 1,474,217 | 1,630,028 | −155,811 | 11.6 | 15% |
In its most recent public year (2023), this organization spent $155,811 more than it brought in. Its reserves stood at about 11.6 months of spending, down from 14 in 2020. Staff pay was 15% of spending. $1,110,022 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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