Christian Closet Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 416,840 | 325,726 | 91,114 | 9.3 | 62% |
| 2012 | 448,895 | 327,746 | 121,149 | 13.3 | 63% |
| 2013 | 416,108 | 299,265 | 116,843 | 19.2 | 62% |
| 2014 | 403,717 | 316,132 | 87,585 | 21.5 | 58% |
| 2015 | 390,522 | 319,331 | 71,191 | 24.0 | 64% |
| 2016 | 388,789 | 325,494 | 63,295 | 25.9 | 62% |
| 2017 | 397,399 | 346,349 | 51,050 | 26.1 | 67% |
| 2018 | 435,189 | 385,946 | 49,243 | 24.9 | 64% |
| 2019 | 456,531 | 397,840 | 58,691 | 25.9 | 65% |
| 2020 | 362,611 | 358,785 | 3,826 | 28.9 | 68% |
| 2021 | 402,901 | 361,341 | 41,560 | 30.1 | 62% |
| 2022 | 354,219 | 374,218 | −19,999 | 28.4 | 64% |
| 2023 | 317,585 | 412,756 | −95,171 | 23.0 | 62% |
In its most recent public year (2023), this organization spent $95,171 more than it brought in. Its reserves stood at about 23 months of spending, up from 9.3 in 2011. Staff pay was 62% of spending.
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
Christian Closet Inc'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