431 Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,270 | 1,576 | 694 | 187.1 | — |
| 2020 | 125,914 | 57,071 | 68,843 | 19.6 | — |
| 2021 | 146,924 | 143,024 | 3,900 | 8.2 | — |
| 2022 | 433,357 | 277,744 | 155,613 | 11.0 | 23% |
| 2023 | 369,655 | 351,526 | 18,129 | 9.3 | 48% |
In its most recent public year (2023), this organization brought in $18,129 more than it spent. Its reserves stood at about 9.3 months of spending, down from 187.1 in 2019. Staff pay was 48% of spending. $65,258 of its net assets are donor-restricted.
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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