Horizon Clothing Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 72,587 | 71,508 | 1,079 | 0.2 | — |
| 2017 | 103,361 | 98,430 | 4,931 | 0.7 | — |
| 2018 | 130,375 | 128,585 | 1,790 | 0.7 | — |
| 2019 | 159,268 | 153,523 | 5,745 | 1.1 | — |
| 2020 | 241,649 | 216,057 | 25,592 | 2.2 | 59% |
| 2021 | 293,693 | 283,603 | 10,090 | 2.1 | 67% |
| 2022 | 167,267 | 186,573 | −19,306 | 2.1 | — |
| 2023 | 27,810 | 41,765 | −13,955 | 4.3 | — |
In its most recent public year (2023), this organization spent $13,955 more than it brought in. Its reserves stood at about 4.3 months of spending, up from 0.2 in 2016.
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
Horizon Clothing 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