Able Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 119,528 | 114,305 | 5,223 | 3.3 | 60% |
| 2012 | 127,018 | 112,454 | 14,564 | 4.9 | 56% |
| 2013 | 171,799 | 142,477 | 29,322 | 6.3 | 67% |
| 2014 | 122,141 | 154,479 | −32,338 | 3.3 | 77% |
| 2015 | 157,349 | 161,952 | −4,603 | 2.8 | 71% |
| 2016 | 111,447 | 126,121 | −14,674 | 2.2 | 70% |
| 2017 | 72,659 | 82,650 | −9,991 | 1.9 | 77% |
| 2018 | 86,289 | 67,001 | 19,288 | 5.8 | 76% |
| 2019 | 71,233 | 71,324 | −91 | 5.5 | 77% |
| 2020 | 73,005 | 69,611 | 3,394 | 6.2 | 78% |
| 2021 | 77,720 | 71,205 | 6,515 | 7.1 | 75% |
| 2022 | 79,558 | 85,961 | −6,403 | 5.0 | 72% |
| 2023 | 87,948 | 93,129 | −5,181 | 4.0 | 66% |
In its most recent public year (2023), this organization spent $5,181 more than it brought in. Its reserves stood at about 4 months of spending. Staff pay was 66% 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
Able 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