Psalms Of David Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 82,762 | 79,074 | 3,688 | 0.6 | 73% |
| 2012 | 99,222 | 98,218 | 1,004 | 0.6 | 67% |
| 2013 | 91,611 | 91,611 | 0 | 0.5 | — |
| 2015 | 111,056 | 111,056 | 0 | 0.0 | — |
| 2017 | 105,559 | 105,251 | 308 | 0.2 | — |
| 2018 | 83,448 | 77,099 | 6,349 | 1.3 | 34% |
| 2019 | 90,348 | 62,790 | 27,558 | 0.1 | 42% |
| 2020 | 86,012 | 61,032 | 24,980 | 0.8 | 48% |
| 2021 | 101,124 | 52,981 | 48,143 | 11.8 | 39% |
| 2022 | 111,854 | 49,470 | 62,384 | 28.9 | 46% |
| 2023 | 123,321 | 88,998 | 34,323 | 20.7 | 4% |
In its most recent public year (2023), this organization brought in $34,323 more than it spent. Its reserves stood at about 20.7 months of spending, up from 0.6 in 2011. Staff pay was 4% 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 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
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