Higher Life Ministries Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,779 | 52,987 | 792 | 0.4 | — |
| 2012 | 33,996 | 35,177 | −1,181 | 0.2 | — |
| 2013 | 55,184 | 54,495 | 689 | 0.3 | — |
| 2014 | 40,807 | 39,651 | 1,156 | 0.8 | — |
| 2015 | 38,544 | 40,681 | −2,137 | 0.1 | — |
| 2019 | 66,910 | 61,728 | 5,182 | 1.6 | — |
| 2020 | 62,810 | 65,450 | −2,640 | 1.1 | — |
| 2021 | 75,354 | 65,036 | 10,318 | 3.0 | — |
| 2022 | 52,279 | 63,265 | −10,986 | 1.0 | — |
| 2023 | 71,068 | 59,942 | 11,126 | 3.2 | — |
In its most recent public year (2023), this organization brought in $11,126 more than it spent. Its reserves stood at about 3.2 months of spending, up from 0.4 in 2011.
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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