Solus Church Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 256,513 | 236,270 | 20,243 | 4.2 | 38% |
| 2020 | 303,272 | 281,865 | 21,407 | 4.4 | 55% |
| 2021 | 421,727 | 332,873 | 88,854 | 6.9 | 17% |
| 2022 | 512,818 | 420,160 | 92,658 | 8.1 | 15% |
In its most recent public year (2022), this organization brought in $92,658 more than it spent. Its reserves stood at about 8.1 months of spending, up from 4.2 in 2019. Staff pay was 15% 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 2022. 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
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