Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 193,589 | 183,526 | 10,063 | 23.0 | 29% |
| 2012 | 195,343 | 214,651 | −19,308 | 18.5 | 25% |
| 2013 | 201,006 | 199,328 | 1,678 | 21.1 | 27% |
| 2014 | 200,040 | 197,668 | 2,372 | 23.7 | 28% |
| 2015 | 174,977 | 208,258 | −33,281 | 20.6 | 31% |
| 2016 | 239,534 | 180,317 | 59,217 | 22.0 | 13% |
| 2017 | 187,648 | 172,886 | 14,762 | 24.0 | 41% |
| 2018 | 211,652 | 170,364 | 41,288 | 31.8 | 40% |
| 2019 | 251,916 | 242,608 | 9,308 | 22.8 | 29% |
| 2020 | 172,859 | 177,282 | −4,423 | 30.9 | 36% |
| 2021 | 223,444 | 173,333 | 50,111 | 35.1 | 40% |
| 2022 | 305,061 | 232,303 | 72,758 | 30.0 | 34% |
| 2023 | 263,894 | 223,790 | 40,104 | 33.4 | 37% |
In its most recent public year (2023), this organization brought in $40,104 more than it spent. Its reserves stood at about 33.4 months of spending, up from 23 in 2011. Staff pay was 37% 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
Life Ministries Inc'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