The Way Christian Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 244,002 | 186,641 | 57,361 | 43.2 | 37% |
| 2015 | 220,392 | 198,170 | 22,222 | 42.7 | 42% |
| 2016 | 174,666 | 179,557 | −4,891 | 45.2 | 42% |
| 2017 | 172,249 | 175,780 | −3,531 | 46.3 | 45% |
| 2018 | 193,200 | 175,250 | 17,950 | 45.4 | 37% |
| 2019 | 157,076 | 160,601 | −3,525 | 51.0 | 43% |
| 2020 | 156,267 | 158,300 | −2,033 | 51.5 | 47% |
In its most recent public year (2020), this organization spent $2,033 more than it brought in. Its reserves stood at about 51.5 months of spending, up from 43.2 in 2014. Staff pay was 47% 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 2020. 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
The Way Christian Ministries Inc's IRS filings as a feed — one entry per filing year, through 2020. 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