National Church Residences Of
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 887,941 | 892,009 | −4,068 | -24.8 | 0% |
| 2021 | 1,180,893 | 1,486,330 | −305,437 | -54.9 | 0% |
| 2022 | 1,256,227 | 1,101,248 | 154,979 | -72.4 | 0% |
| 2023 | 1,254,496 | 1,067,160 | 187,336 | -72.6 | 0% |
| 2024 | 1,303,143 | 1,082,737 | 220,406 | -69.1 | 0% |
In its most recent public year (2024), this organization brought in $220,406 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-69.1 months), down from -24.8 in 2020. 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 2024. 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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