Faithcentre
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 309,765 | 309,019 | 746 | 1.7 | 30% |
| 2012 | 353,146 | 307,164 | 45,982 | 3.5 | 34% |
| 2013 | 354,563 | 349,237 | 5,326 | 3.3 | 37% |
| 2014 | 438,642 | 407,573 | 31,069 | 3.7 | 31% |
| 2015 | 383,541 | 359,288 | 24,253 | 6.9 | 39% |
| 2016 | 430,771 | 361,059 | 69,712 | 9.2 | 40% |
| 2017 | 442,490 | 415,593 | 26,897 | 8.9 | 12% |
| 2018 | 497,229 | 439,455 | 57,774 | 10.1 | 11% |
| 2019 | 527,285 | 497,517 | 29,768 | 9.8 | 12% |
| 2020 | 462,644 | 487,732 | −25,088 | 9.4 | 44% |
| 2021 | 665,147 | 564,096 | 101,051 | 10.2 | 43% |
| 2022 | 795,707 | 600,146 | 195,561 | 13.6 | 41% |
| 2023 | 470,125 | 523,303 | −53,178 | 13.9 | 47% |
In its most recent public year (2023), this organization spent $53,178 more than it brought in. Its reserves stood at about 13.9 months of spending, up from 1.7 in 2011. Staff pay was 47% 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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