Biblical Faith International Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 585 | 585 | 0 | 0.0 | — |
| 2021 | 4,728 | 4,728 | 0 | 0.0 | — |
| 2022 | 21,510 | 18,762 | 2,748 | 1.8 | — |
| 2023 | 14,156 | 15,543 | −1,387 | 1.1 | — |
In its most recent public year (2023), this organization spent $1,387 more than it brought in. Its reserves stood at about 1.1 months of spending, up from 0 in 2020.
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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