Faith-Hope-Love-Charity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 823,725 | 911,953 | −88,228 | 2.3 | 28% |
| 2012 | 960,929 | 995,474 | −34,545 | 1.7 | 30% |
| 2013 | 1,902,705 | 1,766,267 | 136,438 | 1.9 | 31% |
| 2014 | 1,675,964 | 1,954,245 | −278,281 | 0.1 | 38% |
| 2015 | 1,815,959 | 1,789,326 | 26,633 | 0.9 | 43% |
| 2016 | 1,755,659 | 1,797,666 | −42,007 | 1.3 | 38% |
| 2017 | 1,755,659 | 1,797,666 | −42,007 | 1.3 | 38% |
| 2018 | 1,539,907 | 1,470,759 | 69,148 | 2.2 | 37% |
| 2019 | 2,361,180 | 1,987,192 | 373,988 | 3.9 | 51% |
| 2020 | 2,686,525 | 2,689,742 | −3,217 | 2.7 | 28% |
| 2021 | 3,785,093 | 3,654,245 | 130,848 | 2.4 | 26% |
| 2022 | 3,495,811 | 3,476,755 | 19,056 | 2.4 | 28% |
| 2023 | 4,447,013 | 4,448,974 | −1,961 | 2.2 | 26% |
In its most recent public year (2023), this organization spent $1,961 more than it brought in. Its reserves stood at about 2.2 months of spending. Staff pay was 26% 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
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