Credible Faith
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 7,681 | 9,914 | −2,233 | -2.7 | — |
| 2016 | 21,627 | 28,887 | −7,260 | -3.9 | — |
| 2017 | 38,225 | 29,825 | 8,400 | -0.4 | — |
| 2018 | 35,630 | 32,409 | 3,221 | 0.8 | — |
| 2019 | 22,250 | 35,662 | −13,412 | -3.8 | — |
| 2020 | 19,544 | 27,719 | −8,175 | -8.4 | — |
| 2022 | 35,873 | 19,396 | 16,477 | -6.3 | — |
| 2023 | 29,318 | 29,625 | −307 | -4.3 | — |
In its most recent public year (2023), this organization spent $307 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.3 months), down from -2.7 in 2015.
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
Credible Faith'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