Faith Chapel Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 94,606 | 90,592 | 4,014 | 16.4 | — |
| 2012 | 88,805 | 96,125 | −7,320 | 14.6 | — |
| 2013 | 95,036 | 98,278 | −3,242 | 15.7 | — |
| 2014 | 94,099 | 98,650 | −4,551 | 15.1 | — |
| 2015 | 86,141 | 88,283 | −2,142 | 16.5 | — |
| 2016 | 93,245 | 85,614 | 7,631 | 18.1 | — |
| 2017 | 85,371 | 88,386 | −3,015 | 17.1 | — |
| 2018 | 83,421 | 86,878 | −3,457 | 17.0 | — |
| 2019 | 75,456 | 74,300 | 1,156 | 20.0 | — |
| 2020 | 90,896 | 91,090 | −194 | 16.3 | — |
| 2021 | 83,166 | 66,871 | 16,295 | 25.1 | — |
| 2022 | 90,175 | 61,618 | 28,557 | 32.8 | — |
| 2023 | 77,193 | 61,741 | 15,452 | 35.8 | — |
In its most recent public year (2023), this organization brought in $15,452 more than it spent. Its reserves stood at about 35.8 months of spending, up from 16.4 in 2011.
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
Faith Chapel Ministries'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