Life House Recovery Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,002,498 | 945,766 | 56,732 | 1.5 | 13% |
| 2021 | 997,657 | 975,486 | 22,171 | 1.7 | 19% |
| 2022 | 820,727 | 974,432 | −153,705 | -0.6 | 17% |
| 2023 | 993,637 | 974,459 | 19,178 | -0.3 | 18% |
In its most recent public year (2023), this organization brought in $19,178 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months), down from 1.5 in 2020. Staff pay was 18% 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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