New Way Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 123,343 | 113,359 | 9,984 | 1.1 | — |
| 2021 | 116,890 | 93,994 | 22,896 | 4.2 | — |
| 2022 | 98,082 | 73,842 | 24,240 | 9.3 | — |
| 2023 | 109,547 | 97,549 | 11,998 | 8.5 | — |
In its most recent public year (2023), this organization brought in $11,998 more than it spent. Its reserves stood at about 8.5 months of spending, up from 1.1 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
New Way Church's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works