National Church Residences
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 6,629 | 91,181 | −84,552 | -11.1 | 0% |
| 2022 | 310,461 | 476,132 | −165,671 | -6.3 | 0% |
| 2023 | 344,223 | 444,013 | −99,790 | -9.5 | 0% |
In its most recent public year (2023), this organization spent $99,790 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9.5 months), up from -11.1 in 2021. Staff pay was 0% 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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