Faith & Culture Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 111,349 | 100,022 | 11,327 | 10.2 | — |
| 2021 | 88,620 | 29,127 | 59,493 | 59.4 | — |
| 2022 | 41,543 | 55,248 | −13,705 | 28.3 | — |
| 2023 | 38,798 | 63,539 | −24,741 | 20.0 | — |
In its most recent public year (2023), this organization spent $24,741 more than it brought in. Its reserves stood at about 20 months of spending, up from 10.2 in 2020.
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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