Faith Works Community Coalition
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 965,207 | 440,332 | 524,875 | 96.6 | 33% |
| 2022 | 629,558 | 563,008 | 66,550 | 77.0 | 32% |
| 2023 | 476,142 | 555,306 | −79,164 | 76.3 | 28% |
| 2024 | 436,265 | 722,459 | −286,194 | 53.9 | 46% |
In its most recent public year (2024), this organization spent $286,194 more than it brought in. Its reserves stood at about 53.9 months of spending, down from 96.6 in 2021. Staff pay was 46% of spending. $2,671,361 of its net assets are donor-restricted.
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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