Praise Center Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 404,391 | 406,617 | −2,226 | 14.6 | 41% |
| 2012 | 376,601 | 369,923 | 6,678 | 16.3 | 43% |
| 2013 | 373,507 | 375,448 | −1,941 | 16.0 | 27% |
| 2014 | 416,292 | 407,475 | 8,817 | 15.0 | 42% |
| 2015 | 433,336 | 394,043 | 39,293 | 16.7 | 50% |
| 2016 | 442,850 | 428,258 | 14,592 | 15.6 | 51% |
| 2017 | 500,074 | 493,375 | 6,699 | 13.7 | 51% |
| 2018 | 507,424 | 536,115 | −28,691 | 12.0 | 43% |
| 2019 | 503,023 | 497,461 | 5,562 | 13.1 | 48% |
| 2020 | 592,467 | 518,913 | 73,554 | 14.2 | 50% |
In its most recent public year (2020), this organization brought in $73,554 more than it spent. Its reserves stood at about 14.2 months of spending. Staff pay was 50% 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 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
Praise Center Ministries Inc's IRS filings as a feed — one entry per filing year, through 2020. 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