Jehovah Baptist Church Covington
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 3,464 | 2,169 | 1,295 | 4.1 | — |
| 2020 | 3,160 | −2,833 | 5,993 | -4.5 | — |
| 2021 | 3,160 | 2,833 | 327 | 4.5 | — |
| 2022 | 6,681 | 3,329 | 3,352 | 15.9 | — |
In its most recent public year (2022), this organization brought in $3,352 more than it spent. Its reserves stood at about 15.9 months of spending, up from 4.1 in 2019.
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 2022. 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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