Faith In Texas - Pico
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,099,954 | 330,935 | 769,019 | 29.8 | 75% |
| 2017 | 1,172,373 | 1,062,030 | 110,343 | 10.5 | 59% |
| 2018 | 1,288,396 | 1,672,156 | −383,760 | 3.9 | 47% |
| 2019 | 1,084,654 | 1,050,707 | 33,947 | 6.6 | 60% |
| 2020 | 1,669,593 | 1,246,254 | 423,339 | 9.6 | 58% |
| 2021 | 1,127,319 | 1,098,486 | 28,833 | 11.2 | 58% |
| 2022 | 463,495 | 642,053 | −178,558 | 20.4 | 70% |
| 2023 | 43,050 | 658,648 | −615,598 | 8.7 | — |
In its most recent public year (2023), this organization spent $615,598 more than it brought in. Its reserves stood at about 8.7 months of spending, down from 29.8 in 2016.
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
Faith In Texas - Pico'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