Good News Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,845 | 42,980 | −3,135 | 5.4 | — |
| 2012 | 37,443 | 40,645 | −3,202 | 4.8 | — |
| 2013 | 44,062 | 46,290 | −2,228 | 3.6 | — |
| 2014 | 48,717 | 46,727 | 1,990 | 4.1 | — |
| 2015 | 43,109 | 43,125 | −16 | 4.4 | — |
| 2016 | 47,825 | 47,614 | 211 | 4.1 | — |
| 2017 | 46,339 | 40,510 | 5,829 | 6.5 | — |
| 2018 | 52,407 | 51,660 | 747 | 5.3 | — |
| 2019 | 53,422 | 49,606 | 3,816 | 6.4 | — |
| 2020 | 65,809 | 61,350 | 4,459 | 6.1 | — |
| 2021 | 66,549 | 66,277 | 272 | 5.7 | — |
| 2022 | 85,139 | 59,914 | 25,225 | 11.3 | — |
| 2023 | 73,965 | 71,996 | 1,969 | 9.8 | — |
In its most recent public year (2023), this organization brought in $1,969 more than it spent. Its reserves stood at about 9.8 months of spending, up from 5.4 in 2011.
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
Good News 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