Life Community Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,062,852 | 1,984,168 | 78,684 | 7.1 | 58% |
| 2021 | 1,330,306 | 1,749,237 | −418,931 | 6.6 | 58% |
| 2022 | 1,488,375 | 1,580,410 | −92,035 | 9.8 | 55% |
| 2023 | 1,051,464 | 1,124,890 | −73,426 | 9.9 | 60% |
In its most recent public year (2023), this organization spent $73,426 more than it brought in. Its reserves stood at about 9.9 months of spending, up from 7.1 in 2020. Staff pay was 60% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works