Loft Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 107,557 | 51,633 | 55,924 | 30.3 | — |
| 2012 | 85,797 | 61,468 | 24,329 | 30.2 | — |
| 2013 | 64,861 | 67,408 | −2,547 | 27.1 | — |
| 2014 | 133,873 | 67,113 | 66,760 | 39.1 | — |
| 2015 | 128,332 | 70,925 | 57,407 | 46.7 | — |
| 2016 | 327,813 | 79,522 | 248,291 | 79.2 | 0% |
| 2017 | 121,889 | 89,894 | 31,995 | 74.3 | 0% |
| 2018 | 108,589 | 98,670 | 9,919 | 68.9 | 0% |
| 2019 | 92,532 | 98,223 | −5,691 | 68.5 | 0% |
| 2020 | 81,176 | 80,902 | 274 | 83.2 | 0% |
| 2021 | 76,263 | 82,551 | −6,288 | 80.6 | 0% |
| 2022 | 108,554 | 91,393 | 17,161 | 75.1 | 0% |
| 2023 | 106,262 | 101,739 | 4,523 | 68.0 | 0% |
In its most recent public year (2023), this organization brought in $4,523 more than it spent. Its reserves stood at about 68 months of spending, up from 30.3 in 2011. 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
Loft Ministries's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works