Redeemed Christian Church Of God The Covenant House
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 58,407 | 57,609 | 798 | 0.2 | — |
| 2022 | 272,496 | 228,554 | 43,942 | 4.1 | 4% |
In its most recent public year (2022), this organization brought in $43,942 more than it spent. Its reserves stood at about 4.1 months of spending, up from 0.2 in 2021. Staff pay was 4% 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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