Terry Law Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,381,915 | 2,480,306 | −98,391 | 3.9 | 28% |
| 2012 | 2,250,621 | 2,166,485 | 84,136 | 5.0 | 32% |
| 2013 | 2,159,096 | 2,211,851 | −52,755 | 4.6 | 34% |
| 2014 | 3,079,197 | 3,025,604 | 53,593 | 3.6 | 28% |
| 2015 | 3,084,573 | 2,893,368 | 191,205 | 4.5 | 17% |
| 2016 | 2,498,046 | 2,545,146 | −47,100 | 4.9 | 34% |
| 2017 | 1,835,804 | 1,767,718 | 68,086 | 7.6 | 36% |
| 2018 | 1,877,047 | 1,677,054 | 199,993 | 9.4 | 29% |
| 2019 | 1,774,471 | 1,618,326 | 156,145 | 10.9 | 29% |
| 2020 | 1,847,872 | 1,377,797 | 470,075 | 15.4 | 25% |
| 2021 | 2,323,932 | 1,639,517 | 684,415 | 18.0 | 22% |
| 2022 | 2,211,266 | 3,053,092 | −841,826 | 6.4 | 14% |
| 2023 | 2,563,156 | 2,185,486 | 377,670 | 11.1 | 21% |
In its most recent public year (2023), this organization brought in $377,670 more than it spent. Its reserves stood at about 11.1 months of spending, up from 3.9 in 2011. Staff pay was 21% of spending. $213,839 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
Terry Law Ministries 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