Liferesource Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,960 | 61,930 | −10,970 | 4.8 | 59% |
| 2021 | 56,829 | 49,847 | 6,982 | 7.6 | 51% |
| 2022 | 49,551 | 63,775 | −14,224 | 3.3 | 49% |
| 2023 | 40,592 | 48,428 | −7,836 | 2.4 | 65% |
In its most recent public year (2023), this organization spent $7,836 more than it brought in. Its reserves stood at about 2.4 months of spending, down from 4.8 in 2020. Staff pay was 65% 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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