Equip Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 90,715 | 87,565 | 3,150 | 0.4 | — |
| 2018 | 84,444 | 81,530 | 2,914 | 0.9 | — |
| 2019 | 92,365 | 83,716 | 8,649 | 2.1 | — |
| 2020 | 91,334 | 71,867 | 19,467 | 5.7 | — |
| 2021 | 73,781 | 77,531 | −3,750 | 4.7 | — |
| 2022 | 105,217 | 111,290 | −6,073 | 2.6 | — |
| 2023 | 110,839 | 115,368 | −4,529 | 2.1 | — |
In its most recent public year (2023), this organization spent $4,529 more than it brought in. Its reserves stood at about 2.1 months of spending, up from 0.4 in 2017.
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
Equip 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