New Horizons Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,135,329 | 1,103,996 | 31,333 | 15.0 | 53% |
| 2012 | 896,701 | 1,049,253 | −152,552 | 14.4 | 53% |
| 2013 | 879,991 | 872,102 | 7,889 | 17.4 | 52% |
| 2014 | 1,411,018 | 926,842 | 484,176 | 22.6 | 49% |
| 2015 | 1,410,911 | 1,172,436 | 238,475 | 21.6 | 47% |
| 2016 | 1,535,816 | 1,300,180 | 235,636 | 21.7 | 61% |
| 2017 | 1,784,748 | 1,681,041 | 103,707 | 17.5 | 49% |
| 2018 | 2,056,498 | 2,233,545 | −177,047 | 12.2 | 52% |
| 2019 | 2,669,454 | 2,534,357 | 135,097 | 11.4 | 54% |
| 2020 | 3,128,663 | 2,659,444 | 469,219 | 12.7 | 51% |
| 2021 | 4,054,828 | 2,383,520 | 1,671,308 | 22.5 | 54% |
| 2022 | 4,249,884 | 2,438,898 | 1,810,986 | 30.9 | 50% |
| 2023 | 3,144,291 | 2,746,316 | 397,975 | 29.3 | 51% |
In its most recent public year (2023), this organization brought in $397,975 more than it spent. Its reserves stood at about 29.3 months of spending, up from 15 in 2011. Staff pay was 51% of spending. $61,843 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
New Horizons 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