Steve Hemphill Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 0 | 0 | 0 | — | — |
| 2019 | 71,645 | 55,889 | 15,756 | 3.4 | — |
| 2020 | 139,555 | 126,917 | 12,638 | 2.7 | — |
| 2021 | 159,022 | 110,102 | 48,920 | 8.4 | — |
| 2022 | 151,589 | 153,417 | −1,828 | 5.9 | — |
| 2023 | 262,415 | 217,457 | 44,958 | 6.6 | 48% |
In its most recent public year (2023), this organization brought in $44,958 more than it spent. Its reserves stood at about 6.6 months of spending. Staff pay was 48% of spending. $27,922 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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