Korea Gospel Mission Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 56,138 | 34,755 | 21,383 | 124.1 | 0% |
| 2020 | 7,689 | 27,202 | −19,513 | 150.0 | 0% |
| 2021 | 54,520 | 29,986 | 24,534 | 145.9 | 0% |
| 2022 | 3,993 | 82,340 | −78,347 | 41.7 | 0% |
| 2023 | 8,551 | 32,650 | −24,099 | 111.8 | 0% |
In its most recent public year (2023), this organization spent $24,099 more than it brought in. Its reserves stood at about 111.8 months of spending, down from 124.1 in 2019. Staff pay was 0% 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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