Morningside Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,067,280 | 38,441,775 | 1,625,505 | 13.0 | 52% |
| 2012 | 42,186,582 | 38,015,187 | 4,171,395 | 14.1 | 54% |
| 2013 | 42,476,668 | 37,195,670 | 5,280,998 | 16.2 | 53% |
| 2014 | 48,293,473 | 46,756,780 | 1,536,693 | -9.6 | 45% |
| 2015 | 47,142,145 | 51,492,710 | −4,350,565 | -9.8 | 43% |
| 2016 | 49,531,454 | 91,388,944 | −41,857,490 | 5.9 | 26% |
| 2017 | 51,878,239 | 54,191,424 | −2,313,185 | 9.7 | 43% |
| 2018 | 44,028,788 | 46,724,794 | −2,696,006 | 7.6 | 43% |
| 2019 | 41,922,952 | 43,307,743 | −1,384,791 | 5.5 | 41% |
| 2020 | 41,542,047 | 39,173,304 | 2,368,743 | 8.1 | 43% |
| 2021 | 38,051,355 | 39,112,480 | −1,061,125 | 7.5 | 41% |
| 2022 | 37,351,785 | 40,164,450 | −2,812,665 | 4.7 | 40% |
| 2023 | 46,062,973 | 42,040,045 | 4,022,928 | 6.5 | 40% |
In its most recent public year (2023), this organization brought in $4,022,928 more than it spent. Its reserves stood at about 6.5 months of spending, down from 13 in 2011. Staff pay was 40% of spending. $8,722,161 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
Morningside Ministries'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