Heralds Of Good News Of St Paul Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 167,054 | 162,577 | 4,477 | 5.2 | 0% |
| 2011 | 241,912 | 262,509 | −20,597 | 2.3 | 0% |
| 2012 | 342,755 | 345,074 | −2,319 | 1.7 | 0% |
| 2013 | 421,259 | 413,911 | 7,348 | 1.6 | 0% |
| 2014 | 414,350 | 398,248 | 16,102 | 2.1 | 0% |
| 2015 | 396,415 | 428,005 | −31,590 | 1.1 | 0% |
| 2016 | 399,032 | 380,195 | 18,837 | 1.8 | 0% |
| 2017 | 393,568 | 414,375 | −20,807 | 1.1 | 0% |
| 2018 | 487,397 | 457,321 | 30,076 | 1.8 | 0% |
| 2019 | 515,550 | 504,581 | 10,969 | 1.9 | 0% |
| 2020 | 542,935 | 553,477 | −10,542 | 1.5 | 0% |
| 2021 | 535,477 | 414,458 | 121,019 | 5.5 | 0% |
| 2022 | 464,951 | 414,572 | 50,379 | 6.9 | 0% |
| 2023 | 664,008 | 724,385 | −60,377 | 3.0 | 0% |
In its most recent public year (2023), this organization spent $60,377 more than it brought in. Its reserves stood at about 3 months of spending, down from 5.2 in 2010. Staff pay was 0% 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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