Corazon Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 192,167 | 202,028 | −9,861 | 5.9 | 8% |
| 2012 | 199,810 | 249,858 | −50,048 | 4.4 | 41% |
| 2013 | 207,316 | 241,182 | −33,866 | 2.4 | 42% |
| 2014 | 227,702 | 245,973 | −18,271 | 1.4 | 38% |
| 2015 | 246,197 | 241,102 | 5,095 | 1.6 | 42% |
| 2016 | 264,311 | 278,181 | −13,870 | 0.8 | 47% |
| 2017 | 310,562 | 269,684 | 40,878 | 2.7 | 46% |
| 2018 | 334,603 | 318,960 | 15,643 | 2.8 | 48% |
| 2019 | 343,486 | 324,843 | 18,643 | 3.6 | 44% |
| 2020 | 347,711 | 344,448 | 3,263 | 3.5 | 53% |
| 2021 | 392,965 | 387,407 | 5,558 | 2.8 | 53% |
| 2022 | 349,708 | 351,912 | −2,204 | 3.0 | 50% |
| 2023 | 410,681 | 431,173 | −20,492 | 1.9 | 53% |
In its most recent public year (2023), this organization spent $20,492 more than it brought in. Its reserves stood at about 1.9 months of spending, down from 5.9 in 2011. Staff pay was 53% of spending. $14,183 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
Corazon 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