Carpenter Ministries Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 39,021 | 34,157 | 4,864 | 7.1 | — |
| 2020 | 30,266 | 28,252 | 2,014 | 9.4 | — |
| 2021 | 27,697 | 23,383 | 4,314 | 13.6 | — |
| 2022 | 29,065 | 33,319 | −4,254 | 8.0 | — |
| 2023 | 23,710 | 22,478 | 1,232 | 12.5 | — |
In its most recent public year (2023), this organization brought in $1,232 more than it spent. Its reserves stood at about 12.5 months of spending, up from 7.1 in 2019.
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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