Faith In Action West Sound
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 633,707 | 671,834 | −38,127 | 45.2 | 53% |
| 2022 | 646,657 | 816,142 | −169,485 | 32.0 | 49% |
| 2023 | 761,407 | 713,784 | 47,623 | 37.1 | 57% |
In its most recent public year (2023), this organization brought in $47,623 more than it spent. Its reserves stood at about 37.1 months of spending, down from 45.2 in 2021. Staff pay was 57% 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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