New Salem Baptist Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 447,517 | 422,859 | 24,658 | 18.2 | 57% |
| 2018 | 526,018 | 512,169 | 13,849 | 6.7 | 56% |
| 2019 | 506,018 | 476,618 | 29,400 | 15.1 | 46% |
| 2020 | 424,342 | 395,774 | 28,568 | 8.4 | 42% |
| 2021 | 532,283 | 521,930 | 10,353 | 6.1 | 66% |
| 2022 | 541,390 | 1,404,842 | −863,452 | 1.6 | 15% |
| 2023 | 468,081 | 489,753 | −21,672 | 5.2 | 56% |
In its most recent public year (2023), this organization spent $21,672 more than it brought in. Its reserves stood at about 5.2 months of spending, down from 18.2 in 2017. Staff pay was 56% 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
New Salem 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