Blue Ocean Faith
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 269,545 | 214,982 | 54,563 | 5.5 | 82% |
| 2017 | 231,110 | 232,945 | −1,835 | 5.0 | 78% |
| 2018 | 216,363 | 225,019 | −8,656 | 4.7 | 71% |
| 2019 | 178,820 | 203,238 | −24,418 | 4.0 | 77% |
| 2020 | 210,040 | 200,728 | 9,312 | 4.6 | 78% |
| 2021 | 275,177 | 208,842 | 66,335 | 8.3 | 78% |
| 2022 | 175,715 | 213,698 | −37,983 | 6.0 | 74% |
| 2023 | 152,755 | 183,996 | −31,241 | 4.9 | 81% |
In its most recent public year (2023), this organization spent $31,241 more than it brought in. Its reserves stood at about 4.9 months of spending. Staff pay was 81% 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
Blue Ocean Faith's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works