Providence Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,181,866 | 3,919,611 | 262,255 | 8.5 | 24% |
| 2012 | 4,710,406 | 4,408,721 | 301,685 | 8.4 | 23% |
| 2013 | 4,879,138 | 4,836,029 | 43,109 | 7.8 | 25% |
| 2014 | 5,341,269 | 5,183,285 | 157,984 | 7.6 | 26% |
| 2015 | 5,682,912 | 5,257,652 | 425,260 | 10.0 | 27% |
| 2016 | 5,287,902 | 5,270,805 | 17,097 | 10.0 | 27% |
| 2017 | 5,324,788 | 5,187,810 | 136,978 | 10.4 | 27% |
| 2018 | 5,776,706 | 5,563,138 | 213,568 | 9.8 | 27% |
| 2019 | 6,277,471 | 6,199,486 | 77,985 | 8.9 | 27% |
| 2020 | 7,183,854 | 6,764,215 | 419,639 | 8.6 | 29% |
| 2021 | 8,847,536 | 7,474,962 | 1,372,574 | 10.0 | 29% |
| 2022 | 9,545,639 | 9,030,674 | 514,965 | 9.0 | 29% |
| 2023 | 10,019,096 | 9,696,138 | 322,958 | 8.7 | 32% |
In its most recent public year (2023), this organization brought in $322,958 more than it spent. Its reserves stood at about 8.7 months of spending. Staff pay was 32% 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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