For The Gospel Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 573,712 | 260,113 | 313,599 | 14.5 | 29% |
| 2022 | 189,586 | 301,292 | −111,706 | 8.0 | 70% |
| 2023 | 304,139 | 358,583 | −54,444 | 4.9 | 73% |
In its most recent public year (2023), this organization spent $54,444 more than it brought in. Its reserves stood at about 4.9 months of spending, down from 14.5 in 2021. Staff pay was 73% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works