Faith In Families Transitional Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 95,065 | 85,834 | 9,231 | 1.3 | — |
| 2021 | 225,511 | 157,314 | 68,197 | 5.2 | 0% |
| 2022 | 430,459 | 440,446 | −9,987 | 1.6 | 23% |
| 2023 | 330,463 | 333,805 | −3,342 | 2.1 | 26% |
In its most recent public year (2023), this organization spent $3,342 more than it brought in. Its reserves stood at about 2.1 months of spending. Staff pay was 26% 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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