Faith In Place
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 523,163 | 590,382 | −67,219 | 3.3 | 52% |
| 2012 | 667,380 | 716,251 | −48,871 | 1.4 | 45% |
| 2013 | 554,844 | 518,291 | 36,553 | 2.8 | 52% |
| 2014 | 1,026,082 | 553,273 | 472,809 | 12.9 | 58% |
| 2015 | 821,158 | 798,883 | 22,275 | 9.3 | 56% |
| 2016 | 1,264,153 | 1,164,190 | 99,963 | 7.4 | 52% |
| 2017 | 1,164,192 | 1,121,183 | 43,009 | 8.1 | 59% |
| 2018 | 1,554,900 | 1,267,564 | 287,336 | 9.9 | 61% |
| 2019 | 1,457,784 | 1,381,656 | 76,128 | 9.7 | 57% |
| 2020 | 2,457,795 | 1,753,643 | 704,152 | 12.5 | 55% |
| 2021 | 2,861,204 | 1,832,383 | 1,028,821 | 18.7 | 60% |
| 2022 | 2,515,319 | 2,734,845 | −219,526 | 12.2 | 56% |
| 2023 | 4,295,446 | 3,268,229 | 1,027,217 | 14.4 | 57% |
In its most recent public year (2023), this organization brought in $1,027,217 more than it spent. Its reserves stood at about 14.4 months of spending, up from 3.3 in 2011. Staff pay was 57% of spending. $2,893,760 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 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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