Faithful America
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 237,657 | 171,529 | 66,128 | 8.7 | 0% |
| 2020 | 468,517 | 316,249 | 152,268 | 10.5 | 32% |
| 2021 | 480,658 | 294,386 | 186,272 | 18.9 | 42% |
| 2022 | 508,850 | 487,669 | 21,181 | 11.9 | 32% |
| 2023 | 545,695 | 476,441 | 69,254 | 13.9 | 36% |
In its most recent public year (2023), this organization brought in $69,254 more than it spent. Its reserves stood at about 13.9 months of spending, up from 8.7 in 2019. Staff pay was 36% 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
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