Downtown Memphis Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 194,394 | 222,019 | −27,625 | 0.3 | — |
| 2012 | 196,537 | 206,675 | −10,138 | -0.3 | — |
| 2013 | 283,007 | 276,349 | 6,658 | 0.1 | 53% |
| 2014 | 311,491 | 306,069 | 5,422 | 0.3 | 42% |
| 2015 | 468,931 | 446,213 | 22,718 | 0.8 | 53% |
| 2016 | 1,185,104 | 725,682 | 459,422 | 8.1 | 53% |
| 2017 | 1,108,292 | 1,133,555 | −25,263 | 4.9 | 48% |
| 2018 | 1,717,673 | 1,655,709 | 61,964 | 2.7 | 10% |
| 2019 | 2,143,261 | 2,088,966 | 54,295 | 2.5 | 46% |
| 2020 | 2,432,425 | 2,442,174 | −9,749 | 2.0 | 45% |
| 2021 | 2,821,974 | 2,713,233 | 108,741 | 2.3 | 41% |
| 2022 | 2,822,544 | 2,824,273 | −1,729 | 2.2 | 40% |
| 2023 | 2,424,199 | 2,414,106 | 10,093 | 2.7 | 44% |
In its most recent public year (2023), this organization brought in $10,093 more than it spent. Its reserves stood at about 2.7 months of spending, up from 0.3 in 2011. Staff pay was 44% 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
Downtown Memphis Ministry 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