Ltf Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 159,360 | 128,160 | 31,200 | 5.0 | — |
| 2021 | 243,939 | 204,104 | 39,835 | 5.5 | 29% |
| 2022 | 236,211 | 242,472 | −6,261 | 4.3 | 56% |
| 2023 | 89,141 | 134,348 | −45,207 | 3.8 | — |
In its most recent public year (2023), this organization spent $45,207 more than it brought in. Its reserves stood at about 3.8 months of spending, down from 5 in 2020.
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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