Psalms 23 Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 165,988 | 281,885 | −115,897 | 10.0 | 20% |
| 2011 | 170,979 | 283,897 | −112,918 | 5.1 | 19% |
| 2012 | 194,778 | 280,456 | −85,678 | 1.5 | 20% |
| 2013 | 218,948 | 270,992 | −52,044 | -0.7 | 17% |
| 2014 | 234,151 | 305,714 | −71,563 | -3.4 | 16% |
| 2015 | 238,077 | 294,146 | −56,069 | -5.8 | 17% |
| 2016 | 238,442 | 296,489 | −58,047 | -8.1 | 17% |
| 2017 | 240,338 | 305,161 | −64,823 | -10.5 | 17% |
| 2018 | 247,252 | 323,419 | −76,167 | -12.7 | 17% |
| 2019 | 261,403 | 320,607 | −59,204 | -15.0 | 17% |
| 2020 | 260,050 | 335,938 | −75,888 | -17.0 | 18% |
| 2021 | 263,010 | 352,861 | −89,851 | -19.3 | 21% |
| 2022 | 287,970 | 364,828 | −76,858 | -21.2 | 17% |
| 2023 | 340,542 | 388,763 | −48,221 | -21.4 | 19% |
In its most recent public year (2023), this organization spent $48,221 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-21.4 months), down from 10 in 2010. Staff pay was 19% 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
Psalms 23 Project Inc's IRS filings as a feed — one entry per filing year, through 2023. 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