Truth Encounter Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 642,299 | 141,521 | 500,778 | 42.5 | 0% |
| 2019 | 1,192,003 | 36,434 | 1,155,569 | 572.1 | 0% |
| 2020 | 511,851 | 379,508 | 132,343 | 59.1 | 0% |
| 2021 | 273,962 | 391,778 | −117,816 | 53.6 | 0% |
| 2022 | 267,468 | 433,628 | −166,160 | 43.5 | 0% |
| 2023 | 286,901 | 427,676 | −140,775 | 40.3 | 0% |
In its most recent public year (2023), this organization spent $140,775 more than it brought in. Its reserves stood at about 40.3 months of spending, down from 42.5 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
Truth Encounter 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