Launch Asia Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 67,035 | 67,475 | −440 | 5.6 | — |
| 2021 | 94,701 | 123,336 | −28,635 | 0.3 | — |
| 2022 | 146,674 | 113,257 | 33,417 | 3.8 | — |
| 2023 | 123,623 | 104,209 | 19,414 | 4.4 | — |
In its most recent public year (2023), this organization brought in $19,414 more than it spent. Its reserves stood at about 4.4 months of spending, down from 5.6 in 2020.
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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