Worship Hymn Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 50,881 | 50,881 | 0 | 7.6 | — |
| 2012 | 50,881 | 50,881 | 0 | 7.6 | — |
| 2013 | 78,018 | 61,356 | 16,662 | 8.8 | — |
| 2014 | 64,652 | 62,921 | 1,731 | 8.9 | — |
| 2015 | 38,286 | 59,719 | −21,433 | 5.1 | — |
| 2016 | 61,406 | 37,337 | 24,069 | 15.8 | — |
| 2017 | 52,885 | 53,145 | −260 | 11.1 | — |
| 2018 | 72,143 | 50,423 | 21,720 | 16.8 | — |
| 2019 | 53,235 | 53,235 | 0 | 15.9 | — |
| 2020 | 67,309 | 58,808 | 8,501 | 16.2 | — |
| 2021 | 161,543 | 82,538 | 79,005 | 23.0 | — |
| 2022 | 48,225 | 53,825 | −5,600 | 34.0 | — |
| 2023 | 41,221 | 34,190 | 7,031 | -1.6 | — |
In its most recent public year (2023), this organization brought in $7,031 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.6 months), down from 7.6 in 2011.
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
Worship Hymn 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