Faith Educational Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 4,310,325 | 4,370,980 | −60,655 | 1.5 | 59% |
| 2011 | 4,060,163 | 4,128,382 | −68,219 | 1.4 | 59% |
| 2012 | 3,396,232 | 3,649,812 | −253,580 | 0.8 | 57% |
| 2013 | 3,118,571 | 3,226,402 | −107,831 | 0.5 | 56% |
| 2014 | 2,897,781 | 2,925,359 | −27,578 | 0.4 | 60% |
| 2015 | 2,594,769 | 2,492,577 | 102,192 | 1.0 | 58% |
| 2016 | 2,327,558 | 2,312,445 | 15,113 | 1.2 | 59% |
| 2017 | 2,114,949 | 2,326,350 | −211,401 | 0.1 | 58% |
| 2018 | 1,738,814 | 1,785,204 | −46,390 | -0.2 | 54% |
| 2019 | 1,544,118 | 1,565,586 | −21,468 | -0.4 | 54% |
| 2020 | 1,458,511 | 1,380,254 | 78,257 | 0.2 | 53% |
| 2021 | 1,241,493 | 1,158,974 | 82,519 | 1.1 | 52% |
| 2022 | 1,054,114 | 1,075,321 | −21,207 | 0.9 | 54% |
| 2023 | 1,468,006 | 1,131,749 | 336,257 | 4.4 | 52% |
In its most recent public year (2023), this organization brought in $336,257 more than it spent. Its reserves stood at about 4.4 months of spending, up from 1.5 in 2010. Staff pay was 52% 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
Faith Educational Ministries 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