Mt Salem Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 99,242 | 96,537 | 2,705 | 0.9 | — |
| 2014 | 47,306 | 50,546 | −3,240 | 1.0 | — |
| 2015 | 61,550 | 53,849 | 7,701 | 2.7 | — |
| 2016 | 51,262 | 62,215 | −10,953 | 0.2 | — |
| 2017 | 48,138 | 47,812 | 326 | 0.4 | — |
| 2018 | 60,045 | 60,262 | −217 | 0.2 | — |
| 2019 | 84,515 | 78,171 | 6,344 | 1.2 | — |
| 2020 | 94,292 | 94,973 | −681 | 0.9 | — |
| 2021 | 69,919 | 71,334 | −1,415 | 0.9 | — |
| 2022 | 106,002 | 100,305 | 5,697 | 1.3 | — |
| 2023 | 116,637 | 120,644 | −4,007 | 0.7 | — |
In its most recent public year (2023), this organization spent $4,007 more than it brought in. Its reserves stood at about 0.7 months 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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