Believers Ministries In Christ
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,660 | 19,559 | 101 | 0.1 | — |
| 2012 | 18,169 | 17,493 | 676 | 0.6 | — |
| 2013 | 13,204 | 13,989 | −785 | 0.1 | — |
| 2014 | 11,345 | 11,008 | 337 | 0.4 | — |
| 2015 | 13,814 | 13,990 | −176 | 0.2 | — |
| 2016 | 22,578 | 21,330 | 1,248 | 0.8 | — |
| 2017 | 31,689 | 31,982 | −293 | 0.4 | — |
| 2018 | 23,173 | 23,992 | −819 | 0.2 | — |
| 2019 | 7,089 | 5,942 | 1,147 | 3.0 | — |
| 2020 | 4,141 | 3,958 | 183 | 5.1 | — |
| 2021 | 3,499 | 3,466 | 33 | 6.0 | — |
| 2022 | 3,982 | 3,736 | 246 | 6.3 | — |
| 2023 | 3,649 | 3,893 | −244 | 5.3 | — |
In its most recent public year (2023), this organization spent $244 more than it brought in. Its reserves stood at about 5.3 months of spending, up from 0.1 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
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