Genesis Covering Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 154,399 | 122,983 | 31,416 | 3.1 | — |
| 2019 | 241,007 | 191,072 | 49,935 | 5.1 | 81% |
| 2020 | 348,492 | 318,816 | 29,676 | 4.2 | 69% |
| 2021 | 497,942 | 347,333 | 150,609 | 9.0 | 82% |
| 2022 | 453,862 | 350,097 | 103,765 | 12.5 | 49% |
| 2023 | 550,457 | 420,814 | 129,643 | 14.1 | 44% |
In its most recent public year (2023), this organization brought in $129,643 more than it spent. Its reserves stood at about 14.1 months of spending, up from 3.1 in 2018. Staff pay was 44% 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
Genesis Covering 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