Xl Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 39,173 | 42,012 | −2,839 | 1.3 | — |
| 2013 | 10,579 | 13,536 | −2,957 | 1.3 | — |
| 2014 | 66,548 | 16,932 | 49,616 | 36.2 | — |
| 2015 | 12,017 | 17,259 | −5,242 | 31.9 | — |
| 2020 | 179,093 | 36,117 | 142,976 | 83.5 | — |
| 2021 | 209,740 | 148,609 | 61,131 | 25.2 | 38% |
| 2022 | 281,004 | 381,476 | −100,472 | 6.7 | 27% |
| 2023 | 579,634 | 616,848 | −37,214 | 3.4 | 37% |
In its most recent public year (2023), this organization spent $37,214 more than it brought in. Its reserves stood at about 3.4 months of spending, up from 1.3 in 2012. Staff pay was 37% of spending. $4,438 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
Xl Ministries Inc'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