Faith Expressed
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 659,472 | 404,831 | 254,641 | 7.5 | 38% |
| 2022 | 642,442 | 642,541 | −99 | 4.8 | 19% |
| 2023 | 823,227 | 749,938 | 73,289 | 5.2 | 17% |
In its most recent public year (2023), this organization brought in $73,289 more than it spent. Its reserves stood at about 5.2 months of spending, down from 7.5 in 2021. Staff pay was 17% 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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