Must Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,755,115 | 7,834,692 | −79,577 | 10.9 | 27% |
| 2012 | 7,828,838 | 7,809,648 | 19,190 | 11.1 | 31% |
| 2013 | 7,858,974 | 7,582,840 | 276,134 | 11.9 | 32% |
| 2014 | 8,103,421 | 7,738,773 | 364,648 | 12.2 | 29% |
| 2015 | 8,332,970 | 7,976,648 | 356,322 | 12.4 | 27% |
| 2016 | 9,710,659 | 8,618,676 | 1,091,983 | 13.0 | 26% |
| 2017 | 10,362,626 | 8,989,038 | 1,373,588 | 14.3 | 28% |
| 2018 | 9,639,119 | 8,840,380 | 798,739 | 15.6 | 32% |
| 2019 | 14,115,218 | 10,069,863 | 4,045,355 | 18.5 | 30% |
| 2020 | 15,744,646 | 12,077,332 | 3,667,314 | 19.1 | 32% |
| 2021 | 27,379,587 | 17,259,998 | 10,119,589 | 20.4 | 30% |
| 2022 | 35,481,764 | 29,847,978 | 5,633,786 | 14.2 | 22% |
| 2023 | 30,215,185 | 32,134,443 | −1,919,258 | 12.5 | 22% |
| 2024 | 24,524,601 | 24,950,682 | −426,081 | 15.9 | 25% |
In its most recent public year (2024), this organization spent $426,081 more than it brought in. Its reserves stood at about 15.9 months of spending, up from 10.9 in 2011. Staff pay was 25% of spending. $1,905,041 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 2024. 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
Must Ministries Inc's IRS filings as a feed — one entry per filing year, through 2024. 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