Salem Christian Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 10,873,976 | 10,932,680 | −58,704 | 7.1 | 63% |
| 2022 | 11,822,668 | 10,964,991 | 857,677 | 7.9 | 66% |
| 2023 | 13,021,890 | 12,694,903 | 326,987 | 7.2 | 63% |
| 2024 | 13,918,688 | 14,848,837 | −930,149 | 5.4 | 62% |
In its most recent public year (2024), this organization spent $930,149 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 7.1 in 2021. Staff pay was 62% of spending. $213,046 of its net assets are donor-restricted.
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 2024. 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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