Norwegian Christian Home Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,170,961 | 50,391 | 1,120,570 | 714.5 | 0% |
| 2021 | 823,457 | 85,003 | 738,454 | 553.9 | 0% |
| 2022 | 259,110 | 115,922 | 143,188 | 378.8 | 0% |
| 2023 | 223,642 | 191,382 | 32,260 | 255.7 | 0% |
In its most recent public year (2023), this organization brought in $32,260 more than it spent. Its reserves stood at about 255.7 months of spending, down from 714.5 in 2020. Staff pay was 0% 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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