Faith Hope & Love Christian Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 575 | 108 | 467 | 50.9 | — |
| 2018 | 111,488 | 106,696 | 4,792 | 0.6 | — |
| 2020 | 78,634 | 139,037 | −60,403 | -4.8 | — |
| 2021 | 213,536 | 123,099 | 90,437 | 3.4 | 51% |
| 2022 | 200,135 | 181,540 | 18,595 | 3.6 | 66% |
| 2023 | 184,854 | 193,711 | −8,857 | 2.8 | 66% |
In its most recent public year (2023), this organization spent $8,857 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 50.9 in 2014. 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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