Greater Temple Of Praise Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 191,570 | 177,960 | 13,610 | 0.9 | — |
| 2021 | 213,589 | 148,316 | 65,273 | 6.4 | 29% |
| 2022 | 194,605 | 130,116 | 64,489 | 13.2 | 23% |
In its most recent public year (2022), this organization brought in $64,489 more than it spent. Its reserves stood at about 13.2 months of spending, up from 0.9 in 2020. Staff pay was 23% 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 2022. 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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