Metropolitan Choir Of Praise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 20,493 | 25,534 | −5,041 | 13.5 | — |
| 2013 | 25,713 | 19,216 | 6,497 | 22.1 | — |
| 2014 | 24,900 | 34,437 | −9,537 | 9.0 | — |
| 2015 | 19,795 | 16,738 | 3,057 | 22.8 | — |
| 2016 | 24,274 | 29,434 | −5,160 | 10.9 | — |
| 2017 | 27,300 | 24,566 | 2,734 | 14.4 | — |
| 2018 | 26,156 | 30,549 | −4,393 | 9.8 | — |
| 2019 | 33,495 | 30,900 | 2,595 | 10.7 | — |
| 2020 | 21,990 | 23,249 | −1,259 | 13.6 | — |
| 2021 | 19,038 | 16,906 | 2,132 | 20.2 | — |
In its most recent public year (2021), this organization brought in $2,132 more than it spent. Its reserves stood at about 20.2 months of spending, up from 13.5 in 2012.
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 2021. 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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