Circle Of Faith Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 261,336 | 300,386 | −39,050 | 12.2 | 64% |
| 2012 | 321,809 | 247,068 | 74,741 | 18.5 | 58% |
| 2013 | 312,909 | 260,235 | 52,674 | 20.0 | 57% |
| 2014 | 309,075 | 274,350 | 34,725 | 20.4 | 55% |
| 2015 | 377,491 | 348,328 | 29,163 | 17.1 | 61% |
| 2016 | 435,221 | 351,556 | 83,665 | 19.8 | 62% |
| 2017 | 455,048 | 378,064 | 76,984 | 20.9 | 62% |
| 2018 | 453,984 | 421,178 | 32,806 | 19.7 | 65% |
| 2019 | 489,013 | 443,762 | 45,251 | 19.9 | 64% |
| 2020 | 438,751 | 410,871 | 27,880 | 22.3 | 62% |
| 2021 | 549,324 | 467,836 | 81,488 | 21.7 | 67% |
| 2022 | 608,916 | 607,239 | 1,677 | 16.9 | 67% |
| 2023 | 681,413 | 629,493 | 51,920 | 17.3 | 66% |
In its most recent public year (2023), this organization brought in $51,920 more than it spent. Its reserves stood at about 17.3 months of spending, up from 12.2 in 2011. Staff pay was 66% 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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