Redeemed Christian Church Of God House Of Praise Hampton
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 29,717 | 29,867 | −150 | -0.1 | — |
| 2019 | 70,610 | 48,559 | 22,051 | 5.4 | — |
| 2020 | 78,294 | 68,610 | 9,684 | 5.5 | — |
In its most recent public year (2020), this organization brought in $9,684 more than it spent. Its reserves stood at about 5.5 months of spending, up from -0.1 in 2018.
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 2020. 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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