Faith Bible College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 108,339 | 105,220 | 3,119 | 3.8 | — |
| 2013 | 108,678 | 110,259 | −1,581 | 3.5 | — |
| 2014 | 143,284 | 104,078 | 39,206 | 8.2 | — |
| 2015 | 140,637 | 169,006 | −28,369 | 3.0 | — |
| 2016 | 196,814 | 202,460 | −5,646 | 2.2 | — |
| 2017 | 225,848 | 218,278 | 7,570 | 2.5 | 57% |
| 2018 | 232,503 | 204,831 | 27,672 | 4.2 | 57% |
| 2019 | 161,804 | 214,437 | −52,633 | 1.1 | — |
| 2020 | 199,911 | 226,369 | −26,458 | -0.4 | — |
| 2022 | 322,004 | 224,539 | 97,465 | 7.0 | 43% |
| 2023 | 169,358 | 270,292 | −100,934 | 1.4 | — |
In its most recent public year (2023), this organization spent $100,934 more than it brought in. Its reserves stood at about 1.4 months of spending, down from 3.8 in 2012.
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 Bible College'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