Salem House Of Prayer
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 136,266 | 123,219 | 13,047 | 1.7 | — |
| 2012 | 131,478 | 121,655 | 9,823 | 2.7 | — |
| 2013 | 229,716 | 175,495 | 54,221 | 5.9 | 8% |
| 2014 | 285,895 | 317,416 | −31,521 | 2.0 | 11% |
| 2015 | 260,624 | 170,726 | 89,898 | 10.0 | 8% |
| 2016 | 167,314 | 149,738 | 17,576 | 13.2 | 17% |
| 2017 | 142,557 | 171,197 | −28,640 | 9.1 | 18% |
| 2018 | 155,189 | 159,060 | −3,871 | 8.0 | 16% |
| 2019 | 161,524 | 183,093 | −21,569 | 5.6 | 18% |
| 2020 | 207,924 | 197,906 | 10,018 | 5.7 | 18% |
| 2021 | 235,873 | 242,765 | −6,892 | 4.3 | 30% |
| 2022 | 230,972 | 246,136 | −15,164 | 3.5 | 35% |
| 2023 | 206,855 | 236,869 | −30,014 | 2.1 | 34% |
In its most recent public year (2023), this organization spent $30,014 more than it brought in. Its reserves stood at about 2.1 months of spending. Staff pay was 34% 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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