Knox Area Rescue Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 22,883,471 | 21,669,692 | 1,213,779 | 5.9 | 47% |
| 2021 | 33,965,736 | 26,216,465 | 7,749,271 | 8.4 | 48% |
| 2022 | 38,836,516 | 32,756,374 | 6,080,142 | 8.7 | 47% |
| 2023 | 42,829,228 | 38,003,371 | 4,825,857 | 9.1 | 47% |
In its most recent public year (2023), this organization brought in $4,825,857 more than it spent. Its reserves stood at about 9.1 months of spending, up from 5.9 in 2020. Staff pay was 47% of spending. $452,342 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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