Global Impact Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 204,041 | 165,732 | 38,309 | 2.8 | 28% |
| 2017 | 351,666 | 320,217 | 31,449 | 0.7 | 22% |
| 2018 | 625,523 | 597,755 | 27,768 | 1.0 | 49% |
| 2019 | 878,944 | 908,667 | −29,723 | 0.2 | 40% |
| 2020 | 1,118,942 | 882,855 | 236,087 | 3.6 | 31% |
| 2021 | 2,216,461 | 2,031,354 | 185,107 | 2.6 | 48% |
| 2022 | 3,391,883 | 2,879,665 | 512,218 | 4.0 | 43% |
| 2023 | 3,710,951 | 3,824,577 | −113,626 | 2.7 | 43% |
In its most recent public year (2023), this organization spent $113,626 more than it brought in. Its reserves stood at about 2.7 months of spending. Staff pay was 43% of spending. $530,723 of its net assets are donor-restricted.
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
Global Impact Ministries Inc'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