Fairhaven Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 373,916 | 454,693 | −80,777 | 29.4 | 46% |
| 2012 | 356,455 | 421,797 | −65,342 | 29.6 | 47% |
| 2013 | 359,445 | 424,703 | −65,258 | 27.5 | 47% |
| 2014 | 391,962 | 438,613 | −46,651 | 25.3 | 42% |
| 2015 | 375,780 | 432,415 | −56,635 | 24.0 | 55% |
| 2017 | 447,734 | 446,245 | 1,489 | 22.3 | 53% |
| 2018 | 357,512 | 358,568 | −1,056 | 27.7 | 45% |
| 2019 | 297,374 | 336,381 | −39,007 | 28.1 | 20% |
| 2020 | 375,131 | 366,698 | 8,433 | 26.0 | 48% |
| 2021 | 384,500 | 455,419 | −70,919 | 20.0 | 56% |
| 2022 | 462,559 | 398,681 | 63,878 | 24.6 | 23% |
| 2023 | 340,760 | 361,167 | −20,407 | 26.5 | 53% |
In its most recent public year (2023), this organization spent $20,407 more than it brought in. Its reserves stood at about 26.5 months of spending, down from 29.4 in 2011. Staff pay was 53% of spending. $144,466 of its net assets are donor-restricted.
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
Fairhaven 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