Soul-Food Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | −2,448 | 7,462 | −9,910 | 52.0 | — |
| 2019 | 4,102 | 5,671 | −1,569 | 62.4 | — |
| 2020 | 1,332 | 1,469 | −137 | 249.7 | — |
In its most recent public year (2020), this organization spent $137 more than it brought in. Its reserves stood at about 249.7 months of spending, up from 52 in 2018.
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 2020. 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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