Faithx Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 73,477 | 51,857 | 21,620 | 6.4 | — |
| 2019 | 125,724 | 139,603 | −13,879 | 2.7 | — |
| 2020 | 154,742 | 119,206 | 35,536 | 2.8 | — |
| 2021 | 135,174 | 123,730 | 11,444 | 3.8 | — |
| 2022 | 195,925 | 239,263 | −43,338 | -3.8 | — |
| 2023 | 393,034 | 351,646 | 41,388 | -0.4 | 19% |
In its most recent public year (2023), this organization brought in $41,388 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.4 months), down from 6.4 in 2018. Staff pay was 19% 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
Faithx Project Inc'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