Covenant Medicine Outreach Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 94,804 | 68,493 | 26,311 | 4.6 | — |
| 2017 | 144,475 | 132,968 | 11,507 | 3.4 | — |
| 2018 | 51,370 | 44,785 | 6,585 | 11.9 | — |
| 2019 | 108,873 | 123,389 | −14,516 | 2.9 | — |
| 2020 | 17,349 | 35,682 | −18,333 | 3.9 | — |
| 2021 | 11,497 | 5,545 | 5,952 | 37.9 | — |
In its most recent public year (2021), this organization brought in $5,952 more than it spent. Its reserves stood at about 37.9 months of spending, up from 4.6 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 2021. 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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