Banner Of Faith Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 317,733 | 264,567 | 53,166 | 8.8 | 11% |
| 2012 | 282,396 | 272,969 | 9,427 | 8.9 | 10% |
| 2013 | 196,603 | 293,048 | −96,445 | 4.4 | — |
| 2014 | 221,599 | 207,316 | 14,283 | 7.0 | 13% |
| 2015 | 224,444 | 243,762 | −19,318 | 5.0 | 11% |
| 2016 | 180,930 | 189,738 | −8,808 | 5.9 | — |
| 2017 | 170,805 | 166,687 | 4,118 | 7.0 | — |
| 2018 | 245,764 | 249,766 | −4,002 | 4.5 | 11% |
| 2019 | 240,542 | 227,979 | 12,563 | 5.5 | 12% |
| 2020 | 339,644 | 328,165 | 11,479 | 4.3 | 8% |
| 2021 | 299,574 | 323,043 | −23,469 | 3.5 | 7% |
| 2022 | 286,010 | 268,370 | 17,640 | 5.0 | 9% |
| 2023 | 564,896 | 369,982 | 194,914 | 9.9 | 8% |
In its most recent public year (2023), this organization brought in $194,914 more than it spent. Its reserves stood at about 9.9 months of spending, up from 8.8 in 2011. Staff pay was 8% 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
Banner Of Faith Ministries Inc'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