Herald Of Truth Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 768,711 | 900,351 | −131,640 | 23.1 | 37% |
| 2012 | 622,627 | 938,404 | −315,777 | 24.7 | 38% |
| 2013 | 2,027,161 | 934,575 | 1,092,586 | 45.2 | 38% |
| 2014 | 1,036,681 | 1,197,421 | −160,740 | 33.3 | 28% |
| 2015 | 928,436 | 1,019,316 | −90,880 | 33.8 | 39% |
| 2016 | 755,334 | 989,650 | −234,316 | 33.4 | 10% |
| 2017 | 1,499,656 | 1,129,589 | 370,067 | 35.3 | 9% |
| 2018 | 721,948 | 1,122,148 | −400,200 | 26.9 | 39% |
| 2019 | 721,948 | 1,122,148 | −400,200 | 26.9 | 39% |
| 2020 | 780,912 | 949,811 | −168,899 | 32.7 | 9% |
| 2021 | 683,683 | 1,180,142 | −496,459 | 25.0 | 7% |
| 2022 | 836,954 | 1,244,414 | −407,460 | 15.0 | 37% |
| 2023 | 806,355 | 1,330,392 | −524,037 | 10.7 | 39% |
In its most recent public year (2023), this organization spent $524,037 more than it brought in. Its reserves stood at about 10.7 months of spending, down from 23.1 in 2011. Staff pay was 39% of spending. $364,920 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
Herald Of Truth 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