Faith Covenant International
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 266,693 | 237,954 | 28,739 | 10.8 | 20% |
| 2012 | 270,752 | 295,256 | −24,504 | 5.6 | 18% |
| 2013 | 267,319 | 321,019 | −53,700 | 3.1 | 12% |
| 2014 | 229,097 | 217,654 | 11,443 | 4.8 | 18% |
| 2015 | 271,982 | 245,932 | 26,050 | 6.3 | 12% |
| 2016 | 256,983 | 266,197 | −9,214 | 5.8 | 10% |
| 2017 | 166,573 | 175,852 | −9,279 | 6.1 | 16% |
| 2018 | 0 | 267,132 | −267,132 | 2.5 | 14% |
| 2019 | 216,323 | 227,416 | −11,093 | 2.3 | 18% |
| 2020 | 208,061 | 223,138 | −15,077 | 0.0 | 7% |
| 2021 | 245,380 | 256,327 | −10,947 | 1.5 | 7% |
| 2022 | 217,053 | 217,925 | −872 | 1.8 | 8% |
| 2023 | 255,031 | 252,660 | 2,371 | 0.0 | 0% |
In its most recent public year (2023), this organization brought in $2,371 more than it spent. Its reserves stood at about 0 months of spending, down from 10.8 in 2011. 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
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