Gospel Ministries International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,482,248 | 2,470,690 | 11,558 | 4.3 | 0% |
| 2011 | 2,667,564 | 2,184,184 | 483,380 | 6.6 | 0% |
| 2012 | 2,227,864 | 2,427,901 | −200,037 | 4.2 | 0% |
| 2013 | 2,146,703 | 2,089,235 | 57,468 | 5.2 | 1% |
| 2014 | 2,405,600 | 2,368,221 | 37,379 | 3.2 | 1% |
| 2015 | 3,238,304 | 2,802,727 | 435,577 | 4.5 | 1% |
| 2016 | 2,848,172 | 2,570,860 | 277,312 | 3.7 | 0% |
| 2017 | 3,038,475 | 2,945,077 | 93,398 | 3.5 | 0% |
| 2018 | 3,443,128 | 3,976,001 | −532,873 | 0.9 | 1% |
| 2019 | 4,126,939 | 3,249,276 | 877,663 | 4.4 | 0% |
| 2020 | 3,269,875 | 3,352,277 | −82,402 | 4.0 | 1% |
| 2021 | 3,656,651 | 3,610,258 | 46,393 | 3.7 | 0% |
| 2022 | 3,826,423 | 4,116,361 | −289,938 | 4.7 | 3% |
| 2023 | 2,987,160 | 3,250,255 | −263,095 | 5.1 | 3% |
In its most recent public year (2023), this organization spent $263,095 more than it brought in. Its reserves stood at about 5.1 months of spending. Staff pay was 3% of spending. $132,121 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
Gospel Ministries International 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