Word Of Faith Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 375 | 424 | −49 | 4.2 | — |
| 2012 | 332,215 | 332,090 | 125 | 10.3 | 4% |
| 2013 | 150,585 | 137,430 | 13,155 | 18.5 | — |
| 2014 | 293,943 | 302,466 | −8,523 | 18.2 | 2% |
| 2015 | 44,315 | 61,097 | −16,782 | 78.7 | — |
| 2016 | 109,030 | 9,699 | 99,331 | 619.0 | 74% |
| 2017 | 39,265 | 11,569 | 27,696 | 547.6 | 88% |
| 2018 | 4,979 | 8,856 | −3,877 | 710.1 | 87% |
| 2019 | 33,941 | 9,719 | 24,222 | 711.1 | 92% |
| 2020 | 22,506 | 11,339 | 11,167 | 621.3 | 68% |
| 2021 | 33,509 | 10,642 | 22,867 | 687.8 | 71% |
| 2022 | 2,823 | 15,556 | −12,733 | 460.7 | 49% |
In its most recent public year (2022), this organization spent $12,733 more than it brought in. Its reserves stood at about 460.7 months of spending, up from 4.2 in 2011. Staff pay was 49% 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 2022. 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
Word Of Faith Community Development Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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