Halifax Urban Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,320,957 | 2,303,590 | 17,367 | 0.8 | 24% |
| 2012 | 2,429,418 | 2,093,628 | 335,790 | 2.8 | 24% |
| 2013 | 2,084,833 | 2,126,573 | −41,740 | 2.7 | 28% |
| 2014 | 2,855,299 | 2,216,452 | 638,847 | 6.1 | 25% |
| 2015 | 2,184,725 | 2,200,537 | −15,812 | 6.2 | 26% |
| 2016 | 4,808,348 | 2,860,410 | 1,947,938 | 13.2 | 27% |
| 2017 | 4,731,143 | 2,982,459 | 1,748,684 | 21.1 | 29% |
| 2018 | 4,495,924 | 2,857,627 | 1,638,297 | 27.4 | 33% |
| 2019 | 2,465,488 | 2,813,197 | −347,709 | 26.9 | 33% |
| 2020 | 4,639,608 | 4,547,023 | 92,585 | 16.9 | 21% |
| 2021 | 3,506,231 | 3,370,125 | 136,106 | 23.4 | 32% |
| 2022 | 4,206,036 | 3,665,793 | 540,243 | 22.8 | 36% |
| 2023 | 5,492,679 | 4,147,403 | 1,345,276 | 24.3 | 35% |
In its most recent public year (2023), this organization brought in $1,345,276 more than it spent. Its reserves stood at about 24.3 months of spending, up from 0.8 in 2011. Staff pay was 35% of spending. $160,000 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
Halifax Urban Ministries'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