Faith House Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 3,652,069 | 3,386,187 | 265,882 | 6.5 | 47% |
| 2022 | 3,079,677 | 3,103,161 | −23,484 | 7.0 | 50% |
| 2023 | 3,668,176 | 3,196,820 | 471,356 | 8.6 | 51% |
| 2024 | 5,802,753 | 4,065,847 | 1,736,906 | 11.9 | 42% |
In its most recent public year (2024), this organization brought in $1,736,906 more than it spent. Its reserves stood at about 11.9 months of spending, up from 6.5 in 2021. Staff pay was 42% of spending. $25,000 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 2024. 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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