Christ Apostolic Church Palace Of Praise
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 54,783 | 32,794 | 21,989 | 0.0 | 25% |
| 2021 | 73,009 | 41,124 | 31,885 | 0.0 | 26% |
| 2022 | 40,783 | 39,764 | 1,019 | 9.0 | 27% |
| 2023 | 45,195 | 37,613 | 7,582 | 2.4 | 29% |
In its most recent public year (2023), this organization brought in $7,582 more than it spent. Its reserves stood at about 2.4 months of spending, up from 0 in 2020. Staff pay was 29% 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
Christ Apostolic Church Palace Of Praise'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