New Hope Greater Faith Baptist Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 20,592 | 15,071 | 5,521 | 22.3 | — |
| 2021 | 37,977 | 29,138 | 8,839 | 12.9 | — |
| 2022 | 18,709 | 20,477 | −1,768 | 17.1 | — |
| 2023 | 21,849 | 24,061 | −2,212 | 10.1 | — |
In its most recent public year (2023), this organization spent $2,212 more than it brought in. Its reserves stood at about 10.1 months of spending, down from 22.3 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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