Faith Outreach Apostolic Churches Worldwide Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 113,748 | 58,355 | 55,393 | 21.6 | 0% |
| 2021 | 79,759 | 91,055 | −11,296 | 12.3 | 0% |
| 2022 | 166,558 | 179,094 | −12,536 | 5.4 | 0% |
In its most recent public year (2022), this organization spent $12,536 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 21.6 in 2020. Staff pay was 0% 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 2022. 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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