National Church Residences
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 317,698 | 441,547 | −123,849 | -59.9 | 0% |
| 2022 | 384,995 | 425,397 | −40,402 | -63.3 | -1% |
| 2023 | 435,656 | 448,695 | −13,039 | -60.4 | 0% |
| 2024 | 479,497 | 464,365 | 15,132 | -58.0 | 0% |
In its most recent public year (2024), this organization brought in $15,132 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-58 months), up from -59.9 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 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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