Live58 Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 501,838 | 478,888 | 22,950 | 3.4 | 41% |
| 2012 | 1,149,378 | 1,213,189 | −63,811 | 0.6 | 26% |
| 2013 | 794,709 | 610,122 | 184,587 | 4.9 | 29% |
| 2014 | 150,733 | 318,285 | −167,552 | 3.0 | 27% |
| 2015 | 57,847 | 137,623 | −79,776 | 0.0 | — |
| 2020 | 198,732 | 107,512 | 91,220 | 11.9 | — |
| 2021 | 229,740 | 259,934 | −30,194 | 3.8 | 60% |
| 2022 | 253,172 | 303,523 | −50,351 | 1.3 | 52% |
In its most recent public year (2022), this organization spent $50,351 more than it brought in. Its reserves stood at about 1.3 months of spending, down from 3.4 in 2011. Staff pay was 52% 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 2022. 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
Live58 Church's IRS filings as a feed — one entry per filing year, through 2022. 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