Soteria Life Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 69,274 | 59,014 | 10,260 | 3.1 | — |
| 2021 | 78,187 | 74,201 | 3,986 | 3.1 | — |
| 2022 | 79,492 | 81,710 | −2,218 | 2.5 | — |
| 2023 | 79,720 | 84,070 | −4,350 | 1.8 | — |
In its most recent public year (2023), this organization spent $4,350 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 3.1 in 2020.
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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