Legacy Ministries For Christ Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 73,018 | 72,593 | 425 | 4.1 | — |
| 2021 | 99,590 | 80,295 | 19,295 | 6.6 | — |
| 2022 | 101,042 | 86,784 | 14,258 | 8.0 | — |
| 2023 | 66,317 | 70,790 | −4,473 | 9.1 | — |
In its most recent public year (2023), this organization spent $4,473 more than it brought in. Its reserves stood at about 9.1 months of spending, up from 4.1 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
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