The Masters Vessel Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 302,881 | 291,067 | 11,814 | 23.9 | 25% |
| 2011 | 308,383 | 243,495 | 64,888 | 31.8 | 25% |
| 2012 | 359,518 | 291,007 | 68,511 | 29.5 | 25% |
| 2013 | 320,373 | 303,724 | 16,649 | 28.9 | 16% |
| 2014 | 299,989 | 300,754 | −765 | 29.1 | 12% |
| 2015 | 353,054 | 296,234 | 56,820 | 31.9 | 13% |
| 2016 | 274,425 | 273,734 | 691 | 34.5 | 15% |
| 2017 | 565,205 | 297,514 | 267,691 | 42.6 | 10% |
| 2018 | 345,068 | 309,629 | 35,439 | 42.3 | 10% |
| 2019 | 262,665 | 259,511 | 3,154 | 50.6 | 12% |
| 2020 | 234,578 | 216,233 | 18,345 | 61.7 | 16% |
| 2021 | 265,157 | 292,872 | −27,715 | 44.4 | 13% |
| 2022 | 268,001 | 311,149 | −43,148 | 40.2 | 16% |
| 2023 | 285,404 | 305,077 | −19,673 | 40.2 | 17% |
In its most recent public year (2023), this organization spent $19,673 more than it brought in. Its reserves stood at about 40.2 months of spending, up from 23.9 in 2010. Staff pay was 17% 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
The Masters Vessel 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