Palm Of Christ Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 343,180 | 6,500 | 336,680 | 622.2 | 0% |
| 2019 | 272,347 | 51,086 | 221,261 | 131.1 | 0% |
| 2020 | 39,660 | 65,973 | −26,313 | 97.9 | 0% |
| 2021 | 34,783 | 56,177 | −21,394 | 111.9 | 0% |
| 2022 | 40,530 | 31,827 | 8,703 | 171.7 | 0% |
| 2023 | 9,950 | 9,902 | 48 | 621.9 | 0% |
In its most recent public year (2023), this organization brought in $48 more than it spent. Its reserves stood at about 621.9 months of spending. 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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