Truth Tabernacle Of Praise
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 254,179 | 247,065 | 7,114 | 6.6 | 37% |
| 2011 | 269,112 | 251,128 | 17,984 | 7.4 | 59% |
| 2012 | 234,990 | 225,079 | 9,911 | 8.8 | 52% |
| 2013 | 241,021 | 237,089 | 3,932 | 8.5 | 56% |
| 2014 | 260,422 | 255,676 | 4,746 | 8.1 | 54% |
| 2015 | 282,390 | 286,107 | −3,717 | 7.1 | 51% |
| 2016 | 418,630 | 272,619 | 146,011 | 13.9 | 53% |
| 2017 | 276,412 | 264,638 | 11,774 | 14.8 | 55% |
| 2018 | 303,093 | 250,699 | 52,394 | 18.2 | 35% |
| 2019 | 270,295 | 260,551 | 9,744 | 17.9 | 39% |
| 2020 | 304,401 | 254,626 | 49,775 | 20.7 | 43% |
| 2021 | 260,707 | 213,915 | 46,792 | 27.3 | 42% |
| 2022 | 286,254 | 263,752 | 22,502 | 23.1 | 41% |
| 2023 | 305,261 | 304,262 | 999 | 20.1 | 42% |
In its most recent public year (2023), this organization brought in $999 more than it spent. Its reserves stood at about 20.1 months of spending, up from 6.6 in 2010. Staff pay was 42% 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
Truth Tabernacle Of Praise's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works