Caring Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 234,312 | 195,407 | 38,905 | 29.4 | 15% |
| 2012 | 213,788 | 210,925 | 2,863 | 27.4 | 14% |
| 2013 | 243,621 | 203,566 | 40,055 | 30.8 | 15% |
| 2014 | 218,261 | 204,162 | 14,099 | 31.7 | 15% |
| 2015 | 210,475 | 220,215 | −9,740 | 28.9 | 16% |
| 2016 | 232,640 | 446,131 | −213,491 | 8.5 | 43% |
| 2017 | 264,347 | 295,120 | −30,773 | 11.6 | 21% |
| 2018 | 282,414 | 302,368 | −19,954 | 10.6 | 23% |
| 2019 | 249,186 | 270,030 | −20,844 | 10.9 | 26% |
| 2020 | 287,451 | 235,495 | 51,956 | 15.1 | 25% |
| 2021 | 407,068 | 281,702 | 125,366 | 18.0 | 24% |
| 2022 | 5,027,462 | 5,022,805 | 4,657 | 1.0 | 2% |
| 2023 | 6,125,947 | 6,203,578 | −77,631 | 0.7 | 2% |
In its most recent public year (2023), this organization spent $77,631 more than it brought in. Its reserves stood at about 0.7 months of spending, down from 29.4 in 2011. Staff pay was 2% 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
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