Faith United Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 99,300 | 103,482 | −4,182 | 24.2 | — |
| 2021 | 102,403 | 103,215 | −812 | 24.2 | — |
| 2022 | 99,299 | 97,480 | 1,819 | 25.9 | — |
| 2023 | 134,341 | 131,758 | 2,583 | 19.5 | — |
In its most recent public year (2023), this organization brought in $2,583 more than it spent. Its reserves stood at about 19.5 months of spending, down from 24.2 in 2020.
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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