Taylor Faith Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,067 | 6,178 | 2,889 | 28.1 | — |
| 2021 | 10,316 | 10,938 | −622 | 15.2 | — |
| 2022 | 8,887 | 9,020 | −133 | 18.2 | — |
| 2023 | 41,985 | 15,111 | 26,874 | 32.2 | — |
In its most recent public year (2023), this organization brought in $26,874 more than it spent. Its reserves stood at about 32.2 months of spending, up from 28.1 in 2020.
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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