Truth Baptist Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 125,613 | 70,298 | 55,315 | 18.9 | — |
| 2017 | 127,505 | 64,528 | 62,977 | 32.3 | — |
| 2018 | 133,705 | 65,238 | 68,467 | 44.6 | — |
| 2019 | 94,669 | 211,961 | −117,292 | 13.8 | 0% |
| 2020 | 160,029 | 72,698 | 87,331 | 54.5 | — |
| 2022 | 220,905 | 78,866 | 142,039 | 159.2 | 0% |
| 2023 | 105,183 | 105,902 | −719 | 73.1 | 0% |
In its most recent public year (2023), this organization spent $719 more than it brought in. Its reserves stood at about 73.1 months of spending, up from 18.9 in 2016. Staff pay was 0% 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
Truth Baptist Church'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