Faith Mission Of Elkhart Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,812,951 | 2,659,540 | 153,411 | 19.4 | 19% |
| 2011 | 2,543,980 | 2,509,951 | 34,029 | 20.7 | 23% |
| 2012 | 2,375,908 | 2,455,038 | −79,130 | 20.8 | 26% |
| 2013 | 2,396,476 | 2,441,718 | −45,242 | 20.7 | 28% |
| 2014 | 2,785,688 | 2,670,182 | 115,506 | 18.9 | 28% |
| 2015 | 2,724,795 | 2,750,648 | −25,853 | 18.1 | 28% |
| 2016 | 3,073,584 | 3,049,996 | 23,588 | 16.4 | 25% |
| 2017 | 3,302,304 | 3,156,064 | 146,240 | 16.5 | 24% |
| 2018 | 3,377,322 | 3,200,271 | 177,051 | 16.9 | 24% |
| 2019 | 3,695,947 | 3,756,705 | −60,758 | 14.2 | 22% |
| 2020 | 4,640,624 | 3,732,586 | 908,038 | 17.2 | 22% |
| 2021 | 4,422,629 | 3,670,820 | 751,809 | 20.0 | 22% |
| 2022 | 4,802,801 | 3,445,860 | 1,356,941 | 26.0 | 24% |
| 2023 | 4,241,351 | 4,170,850 | 70,501 | 21.7 | 21% |
In its most recent public year (2023), this organization brought in $70,501 more than it spent. Its reserves stood at about 21.7 months of spending, up from 19.4 in 2010. Staff pay was 21% 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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