Little Light Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 336,181 | 227,412 | 108,769 | 10.7 | 59% |
| 2021 | 544,509 | 335,109 | 209,400 | 14.7 | 55% |
| 2022 | 998,215 | 455,619 | 542,596 | 25.3 | 59% |
| 2023 | 388,033 | 470,576 | −82,543 | 20.8 | 60% |
In its most recent public year (2023), this organization spent $82,543 more than it brought in. Its reserves stood at about 20.8 months of spending, up from 10.7 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
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