Faith Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,209,915 | 1,214,892 | −4,977 | 4.2 | 60% |
| 2012 | 1,579,695 | 1,447,220 | 132,475 | 4.6 | 61% |
| 2013 | 1,823,885 | 1,523,658 | 300,227 | 6.8 | 61% |
| 2014 | 1,492,359 | 1,618,764 | −126,405 | 5.4 | 64% |
| 2015 | 2,082,781 | 1,646,424 | 436,357 | 8.5 | 66% |
| 2016 | 1,738,571 | 1,631,553 | 107,018 | 9.4 | 67% |
| 2017 | 2,049,223 | 1,815,052 | 234,171 | 10.0 | 66% |
| 2018 | 2,918,698 | 1,853,326 | 1,065,372 | 16.7 | 68% |
| 2019 | 2,437,137 | 1,915,161 | 521,976 | 19.4 | 68% |
| 2020 | 3,379,793 | 1,977,857 | 1,401,936 | 27.3 | 68% |
| 2021 | 2,259,164 | 2,204,668 | 54,496 | 24.8 | 64% |
| 2022 | 2,692,121 | 2,546,269 | 145,852 | 20.8 | 61% |
| 2023 | 2,973,820 | 2,979,326 | −5,506 | 17.7 | 62% |
| 2024 | 3,706,344 | 3,268,358 | 437,986 | 17.7 | 57% |
In its most recent public year (2024), this organization brought in $437,986 more than it spent. Its reserves stood at about 17.7 months of spending, up from 4.2 in 2011. Staff pay was 57% of spending. $670,673 of its net assets are donor-restricted.
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 2024. 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
Faith Ministries Inc's IRS filings as a feed — one entry per filing year, through 2024. 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