Citadel Of Faith Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 125,786 | 133,071 | −7,285 | 0.0 | — |
| 2018 | 151,235 | 165,087 | −13,852 | 7.5 | — |
| 2019 | 151,750 | 174,967 | −23,217 | 7.0 | — |
| 2020 | 125,000 | 114,730 | 10,270 | 10.7 | — |
| 2021 | 95,275 | 90,957 | 4,318 | 13.5 | — |
| 2022 | 92,320 | 89,285 | 3,035 | 13.8 | — |
| 2023 | 91,709 | 63,850 | 27,859 | 19.3 | — |
In its most recent public year (2023), this organization brought in $27,859 more than it spent. Its reserves stood at about 19.3 months of spending, up from 0 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
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