Elam Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,917,052 | 8,932,018 | 1,985,034 | 5.0 | 19% |
| 2021 | 12,042,641 | 10,279,479 | 1,763,162 | 6.4 | 18% |
| 2022 | 9,421,502 | 12,006,206 | −2,584,704 | 2.9 | 16% |
| 2023 | 12,067,934 | 11,788,643 | 279,291 | 3.2 | 16% |
In its most recent public year (2023), this organization brought in $279,291 more than it spent. Its reserves stood at about 3.2 months of spending, down from 5 in 2020. Staff pay was 16% of spending. $1,157,029 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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