Life Houses Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 62,245 | 61,902 | 343 | 6.6 | — |
| 2021 | 64,262 | 58,285 | 5,977 | 8.3 | — |
| 2022 | 139,102 | 79,335 | 59,767 | 15.1 | — |
| 2023 | 162,076 | 110,661 | 51,415 | 16.3 | 24% |
In its most recent public year (2023), this organization brought in $51,415 more than it spent. Its reserves stood at about 16.3 months of spending, up from 6.6 in 2020. Staff pay was 24% of spending. $1,758 of its net assets are donor-restricted.
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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