Kingspath Senior Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 312,582 | −312,582 | -12.0 | 0% |
| 2019 | 45,568 | 410,803 | −365,235 | -19.8 | 0% |
| 2020 | 2,166,041 | 2,554,138 | −388,097 | -5.1 | 1% |
| 2021 | 2,962,187 | 2,577,352 | 384,835 | -3.2 | 36% |
| 2022 | 3,152,445 | 3,512,347 | −359,902 | -0.2 | 31% |
| 2023 | 6,948,702 | 8,771,822 | −1,823,120 | -2.6 | 31% |
In its most recent public year (2023), this organization spent $1,823,120 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.6 months), up from -12 in 2018. Staff pay was 31% 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
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