Spirit Of Faith Adoptions Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 141,917 | 123,259 | 18,658 | -3.1 | — |
| 2012 | 149,611 | 153,413 | −3,802 | -2.8 | — |
| 2013 | 224,979 | 210,235 | 14,744 | -1.2 | 24% |
| 2014 | 180,555 | 193,251 | −12,696 | -2.1 | 38% |
| 2015 | 189,007 | 219,789 | −30,782 | -3.5 | 41% |
| 2016 | 204,720 | 211,624 | −6,904 | -3.6 | 42% |
| 2017 | 319,527 | 261,707 | 57,820 | -0.7 | 33% |
| 2018 | 242,580 | 259,286 | −16,706 | -1.4 | 49% |
| 2019 | 210,044 | 262,766 | −52,722 | -3.8 | 54% |
| 2020 | 276,899 | 245,357 | 31,542 | -2.6 | 57% |
| 2021 | 237,707 | 237,121 | 586 | -2.8 | 2% |
| 2022 | 282,354 | 232,843 | 49,511 | 2.6 | 0% |
| 2023 | 435,644 | 329,736 | 105,908 | 5.7 | 24% |
In its most recent public year (2023), this organization brought in $105,908 more than it spent. Its reserves stood at about 5.7 months of spending, up from -3.1 in 2011. Staff pay was 24% 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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