Soulwell Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 63,143 | 44,496 | 18,647 | 10.5 | — |
| 2019 | 112,704 | 101,147 | 11,557 | 6.0 | — |
| 2020 | 145,301 | 97,195 | 48,106 | 12.2 | — |
| 2021 | 244,870 | 195,139 | 49,731 | 9.1 | 0% |
| 2022 | 249,789 | 186,959 | 62,830 | 13.6 | 0% |
| 2023 | 236,768 | 314,534 | −77,766 | 5.1 | 0% |
In its most recent public year (2023), this organization spent $77,766 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 10.5 in 2018. Staff pay was 0% 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
Soulwell Ministries'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