Faithworks Of Abilene Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 149,247 | 173,699 | −24,452 | 3.1 | 38% |
| 2012 | 145,952 | 118,291 | 27,661 | 7.3 | 34% |
| 2013 | 213,354 | 168,203 | 45,151 | 8.4 | 41% |
| 2014 | 201,646 | 182,867 | 18,779 | 9.0 | 44% |
| 2015 | 190,650 | 215,653 | −25,003 | 6.2 | 47% |
| 2016 | 177,527 | 221,117 | −43,590 | 3.7 | 46% |
| 2017 | 180,646 | 213,017 | −32,371 | 2.0 | 51% |
| 2018 | 299,948 | 245,412 | 54,536 | 4.4 | 57% |
| 2019 | 393,801 | 332,190 | 61,611 | 5.5 | 50% |
| 2020 | 271,164 | 269,712 | 1,452 | 6.8 | 62% |
| 2021 | 345,021 | 294,878 | 50,143 | 8.0 | 58% |
| 2022 | 266,816 | 314,889 | −48,073 | 5.7 | 58% |
| 2023 | 260,950 | 285,448 | −24,498 | 5.2 | 53% |
In its most recent public year (2023), this organization spent $24,498 more than it brought in. Its reserves stood at about 5.2 months of spending, up from 3.1 in 2011. Staff pay was 53% 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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