Faith Foundation Resources
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 279,915 | 212,964 | 66,951 | 3.7 | 48% |
| 2022 | 85,000 | 83,036 | 1,964 | 16.7 | — |
In its most recent public year (2022), this organization brought in $1,964 more than it spent. Its reserves stood at about 16.7 months of spending, up from 3.7 in 2021.
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 2022. 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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