Good Community Church Of Torrance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,532,783 | 1,358,808 | 173,975 | 22.0 | 24% |
| 2012 | 1,634,896 | 1,600,920 | 33,976 | 18.9 | 21% |
| 2013 | 1,522,127 | 1,530,686 | −8,559 | 19.7 | 13% |
| 2014 | 1,561,185 | 1,435,590 | 125,595 | 22.1 | 12% |
| 2015 | 1,962,221 | 1,705,806 | 256,415 | 20.4 | 15% |
| 2016 | 2,040,741 | 2,089,351 | −48,610 | 16.4 | 13% |
| 2017 | 2,535,989 | 1,903,302 | 632,687 | 22.0 | 16% |
| 2018 | 2,385,802 | 1,892,953 | 492,849 | 25.2 | 17% |
| 2019 | 2,565,801 | 2,283,831 | 281,970 | 22.4 | 17% |
| 2022 | 2,923,240 | 2,800,630 | 122,610 | 22.5 | 19% |
| 2023 | 2,986,412 | 3,091,905 | −105,493 | 20.0 | 18% |
In its most recent public year (2023), this organization spent $105,493 more than it brought in. Its reserves stood at about 20 months of spending, down from 22 in 2011. Staff pay was 18% 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
Good Community Church Of Torrance'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