Higher Power Church Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 100,044 | 61,198 | 38,846 | 11.1 | — |
| 2019 | 98,559 | 53,841 | 44,718 | 22.6 | — |
| 2020 | 94,154 | 234,012 | −139,858 | -2.0 | — |
| 2021 | 140,915 | 212,992 | −72,077 | 0.0 | 0% |
| 2022 | 117,646 | 117,651 | −5 | 0.0 | 0% |
| 2023 | 135,468 | 114,091 | 21,377 | 0.0 | 0% |
In its most recent public year (2023), this organization brought in $21,377 more than it spent. Its reserves stood at about 0 months of spending, down from 11.1 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
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