Faith Memorial Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 121,485 | 141,019 | −19,534 | 3.7 | — |
| 2016 | 122,583 | 138,744 | −16,161 | 2.4 | — |
| 2017 | 159,178 | 141,663 | 17,515 | 3.8 | — |
| 2018 | 165,309 | 159,026 | 6,283 | 3.8 | — |
| 2019 | 166,299 | 158,341 | 7,958 | 4.4 | — |
| 2020 | 206,590 | 174,035 | 32,555 | 6.2 | 50% |
| 2021 | 273,918 | 223,194 | 50,724 | 7.5 | 42% |
| 2022 | 231,757 | 265,643 | −33,886 | 4.8 | 26% |
| 2023 | 200,131 | 216,446 | −16,315 | 5.0 | 39% |
In its most recent public year (2023), this organization spent $16,315 more than it brought in. Its reserves stood at about 5 months of spending, up from 3.7 in 2015. Staff pay was 39% 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
Faith Memorial 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