M3 Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 100,583 | 72,042 | 28,541 | 17.8 | — |
| 2022 | 144,771 | 79,073 | 65,698 | 26.4 | — |
| 2023 | 287,081 | 122,451 | 164,630 | 33.2 | 64% |
In its most recent public year (2023), this organization brought in $164,630 more than it spent. Its reserves stood at about 33.2 months of spending, up from 17.8 in 2021. Staff pay was 64% 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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