Higher Power Automotive Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 39,016 | 24,303 | 14,713 | 7.3 | 0% |
| 2017 | 187,590 | 173,794 | 13,796 | 2.0 | 0% |
| 2018 | 247,811 | 218,927 | 28,884 | 3.1 | 0% |
| 2019 | 375,327 | 309,150 | 66,177 | 5.8 | 15% |
| 2020 | 343,540 | 244,504 | 99,036 | 8.8 | 21% |
| 2021 | 454,311 | 324,833 | 129,478 | 6.0 | 28% |
| 2022 | 574,989 | 593,191 | −18,202 | 2.9 | 18% |
| 2023 | 626,856 | 581,141 | 45,715 | 2.9 | 18% |
In its most recent public year (2023), this organization brought in $45,715 more than it spent. Its reserves stood at about 2.9 months of spending, down from 7.3 in 2016. Staff pay was 18% 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
Higher Power Automotive 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