247 Media Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 133,320 | 70,550 | 62,770 | 10.1 | — |
| 2020 | 239,085 | 180,107 | 58,978 | 7.8 | 0% |
| 2021 | 557,665 | 451,214 | 106,451 | 6.1 | 4% |
| 2022 | 816,226 | 814,674 | 1,552 | 3.4 | 19% |
| 2023 | 1,405,874 | 1,140,644 | 265,230 | 5.2 | 22% |
In its most recent public year (2023), this organization brought in $265,230 more than it spent. Its reserves stood at about 5.2 months of spending, down from 10.1 in 2019. Staff pay was 22% 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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