Justfaith Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 619,852 | 589,128 | 30,724 | 10.5 | 65% |
| 2020 | 833,937 | 664,460 | 169,477 | 12.4 | 70% |
| 2021 | 948,907 | 764,591 | 184,316 | 13.6 | 64% |
| 2022 | 734,127 | 921,686 | −187,559 | 8.9 | 60% |
| 2023 | 632,887 | 922,014 | −289,127 | 5.1 | 59% |
In its most recent public year (2023), this organization spent $289,127 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 10.5 in 2019. Staff pay was 59% of spending. $133,425 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
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