Hospice Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 9,098,835 | 9,035,364 | 63,471 | 5.7 | 56% |
| 2022 | 8,510,148 | 8,947,701 | −437,553 | 5.1 | 56% |
| 2023 | 11,635,861 | 8,446,301 | 3,189,560 | 10.0 | 3% |
| 2024 | 232,312 | 282,206 | −49,894 | 296.0 | 2% |
In its most recent public year (2024), this organization spent $49,894 more than it brought in. Its reserves stood at about 296 months of spending, up from 5.7 in 2021. Staff pay was 2% 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 2024. 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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