Faithcare Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 447,674 | 533,543 | −85,869 | 4.7 | 15% |
| 2012 | 276,572 | 314,989 | −38,417 | 5.2 | 25% |
| 2013 | 329,171 | 308,956 | 20,215 | 6.1 | 26% |
| 2014 | 327,149 | 337,206 | −10,057 | 5.2 | 22% |
| 2015 | 283,592 | 298,203 | −14,611 | 5.3 | 25% |
| 2016 | 184,035 | 198,429 | −14,394 | 7.1 | 43% |
| 2017 | 363,209 | 348,174 | 15,035 | 4.6 | 25% |
| 2018 | 383,685 | 333,573 | 50,112 | 6.6 | 24% |
| 2019 | 317,956 | 332,217 | −14,261 | 6.1 | 22% |
| 2020 | 137,173 | 140,650 | −3,477 | 14.0 | 47% |
| 2021 | 150,832 | 170,911 | −20,079 | 10.1 | — |
| 2022 | 122,500 | 158,596 | −36,096 | 8.2 | — |
| 2023 | 144,733 | 89,995 | 54,738 | 19.5 | — |
In its most recent public year (2023), this organization brought in $54,738 more than it spent. Its reserves stood at about 19.5 months of spending, up from 4.7 in 2011.
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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