Hands Of Faith Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 235,769 | 233,897 | 1,872 | 0.6 | 18% |
| 2012 | 207,137 | 197,991 | 9,146 | 1.3 | 42% |
| 2013 | 356,795 | 273,646 | 83,149 | 4.6 | 50% |
| 2014 | 211,328 | 197,453 | 13,875 | 2.5 | 46% |
| 2015 | 33,901 | 28,638 | 5,263 | 53.7 | 33% |
| 2016 | 786,542 | 281,843 | 504,699 | 26.9 | 49% |
| 2017 | 413,665 | 485,371 | −71,706 | 13.9 | 42% |
| 2018 | 325,587 | 370,228 | −44,641 | 16.7 | 31% |
| 2019 | 224,212 | 262,910 | −38,698 | 21.8 | 27% |
| 2020 | 241,227 | 307,506 | −66,279 | 16.1 | 21% |
| 2021 | 268,035 | 271,295 | −3,260 | 18.1 | 26% |
| 2022 | 212,485 | 216,176 | −3,691 | 22.5 | 17% |
| 2023 | 187,055 | 219,943 | −32,888 | 20.3 | 16% |
In its most recent public year (2023), this organization spent $32,888 more than it brought in. Its reserves stood at about 20.3 months of spending, up from 0.6 in 2011. Staff pay was 16% 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
Hands Of Faith Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works