Faith Hope & Charity Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,000 | 12,787 | −4,787 | 2.6 | — |
| 2021 | 13,666 | 7,137 | 6,529 | 15.6 | — |
| 2022 | 220,691 | 61,181 | 159,510 | 33.1 | 31% |
| 2023 | 505,751 | 620,465 | −114,714 | 1.0 | 59% |
In its most recent public year (2023), this organization spent $114,714 more than it brought in. Its reserves stood at about 1 months of spending, down from 2.6 in 2020. Staff pay was 59% of spending. $54,103 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 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
Faith Hope & Charity 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