Kings Way Fellowship
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 173,442 | 7,371 | 166,071 | 270.4 | — |
| 2022 | 3,070 | 20,460 | −17,390 | 132.0 | — |
| 2023 | 20,046 | 17,788 | 2,258 | 153.3 | — |
In its most recent public year (2023), this organization brought in $2,258 more than it spent. Its reserves stood at about 153.3 months of spending, down from 270.4 in 2020.
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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