Words Of Encouragement
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 349,705 | 146,296 | 203,409 | 16.7 | 67% |
| 2019 | 144,981 | 188,518 | −43,537 | 10.2 | — |
| 2020 | 166,203 | 183,483 | −17,280 | 9.3 | — |
| 2021 | 153,385 | 210,314 | −56,929 | 4.9 | — |
| 2022 | 117,787 | 184,969 | −67,182 | 1.2 | — |
| 2023 | 131,124 | 144,392 | −13,268 | 0.5 | — |
In its most recent public year (2023), this organization spent $13,268 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 16.7 in 2018.
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
Words Of Encouragement'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