National Church Residences
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 765,972 | 1,262,734 | −496,762 | -35.8 | 0% |
| 2021 | 841,481 | 1,284,667 | −443,186 | -39.3 | 0% |
| 2022 | 887,366 | 1,452,699 | −565,333 | -39.4 | 0% |
| 2023 | 935,267 | 1,450,275 | −515,008 | -43.8 | 0% |
In its most recent public year (2023), this organization spent $515,008 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-43.8 months), down from -35.8 in 2020. Staff pay was 0% 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
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