First United Methodist Church Of Hammond Indiana Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 53,811 | 27,000 | 26,811 | 355.4 | 0% |
| 2022 | 33,074 | 68,000 | −34,926 | 112.8 | 0% |
| 2023 | 34,550 | 61,000 | −26,450 | 128.3 | 0% |
In its most recent public year (2023), this organization spent $26,450 more than it brought in. Its reserves stood at about 128.3 months of spending, down from 355.4 in 2021. Staff pay was 0% 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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