Psalm 16 11 Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 86,562 | 3,740 | 82,822 | 265.7 | — |
| 2022 | 56,703 | 36,126 | 20,577 | 34.3 | — |
| 2023 | 42,479 | 62,717 | −20,238 | 15.9 | — |
In its most recent public year (2023), this organization spent $20,238 more than it brought in. Its reserves stood at about 15.9 months of spending, down from 265.7 in 2021.
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
Psalm 16 11 Ministries'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