Redeemed Christian Church Of God Mercy Hall
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 597,328 | 451,358 | 145,970 | 45.2 | 29% |
| 2022 | 612,140 | 605,989 | 6,151 | 33.8 | 28% |
| 2023 | 672,097 | 562,896 | 109,201 | 38.7 | 32% |
In its most recent public year (2023), this organization brought in $109,201 more than it spent. Its reserves stood at about 38.7 months of spending, down from 45.2 in 2021. Staff pay was 32% 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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