The Institute For Faith Work & Economics Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 970,457 | 313,359 | 657,098 | 25.2 | 50% |
| 2013 | 2,017,804 | 1,899,176 | 118,628 | 4.9 | 42% |
| 2014 | 2,102,054 | 2,403,807 | −301,753 | 2.4 | 52% |
| 2015 | 2,270,708 | 2,291,755 | −21,047 | 3.5 | 37% |
| 2016 | 1,900,731 | 2,397,476 | −496,745 | 0.8 | 43% |
| 2017 | 254,606 | 455,552 | −200,946 | -0.9 | 16% |
| 2018 | 466,880 | 416,912 | 49,968 | 0.5 | 9% |
| 2019 | 83,027 | 194,149 | −111,122 | -5.9 | — |
| 2020 | 315,851 | 295,874 | 19,977 | -3.0 | 27% |
| 2021 | 93,639 | 51,258 | 42,381 | -7.7 | — |
| 2022 | 32,498 | 48,299 | −15,801 | -12.1 | — |
| 2023 | 42,090 | 43,863 | −1,773 | -13.8 | — |
In its most recent public year (2023), this organization spent $1,773 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.8 months), down from 25.2 in 2012.
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
The Institute For Faith Work & Economics Inc'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