Word Of Faith
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 21,770 | 19,580 | 2,190 | 1.3 | — |
| 2014 | 26,000 | 22,212 | 3,788 | 2.0 | — |
| 2015 | 27,350 | 19,770 | 7,580 | 5.4 | — |
| 2016 | 15,778 | 13,622 | 2,156 | 8.7 | — |
| 2017 | 15,620 | 13,486 | 2,134 | 8.7 | — |
| 2020 | 15,440 | 9,450 | 5,990 | 39.5 | — |
| 2021 | 12,280 | 12,280 | 0 | 14.7 | — |
| 2022 | 20,000 | 20,000 | 0 | 0.0 | — |
| 2023 | 17,000 | 17,000 | 0 | 0.0 | — |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 0 months of spending, down from 1.3 in 2013.
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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