Palm Missionary Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 352,207 | 319,027 | 33,180 | 3.5 | 7% |
| 2012 | 367,424 | 357,771 | 9,653 | 2.0 | 6% |
| 2013 | 359,307 | 354,662 | 4,645 | 2.2 | 6% |
| 2014 | 407,690 | 394,550 | 13,140 | 2.4 | 6% |
| 2015 | 385,977 | 381,722 | 4,255 | 2.6 | 6% |
| 2016 | 333,245 | 332,786 | 459 | 3.0 | 7% |
| 2017 | 353,721 | 334,861 | 18,860 | 3.6 | 7% |
| 2018 | 366,072 | 370,961 | −4,889 | 3.1 | 6% |
| 2019 | 313,287 | 313,161 | 126 | 3.7 | 0% |
| 2020 | 346,077 | 341,714 | 4,363 | 3.6 | 0% |
| 2021 | 323,216 | 320,244 | 2,972 | 3.9 | 0% |
| 2022 | 253,962 | 250,618 | 3,344 | 5.2 | 0% |
| 2023 | 337,775 | 350,210 | −12,435 | 3.3 | 0% |
In its most recent public year (2023), this organization spent $12,435 more than it brought in. Its reserves stood at about 3.3 months of spending. Staff pay was 0% of spending. $30,503 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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