Lovesick Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 212,811 | 100,409 | 112,402 | 14.4 | — |
| 2020 | 112,867 | 41,184 | 71,683 | 51.0 | — |
| 2021 | 153,877 | 51,815 | 102,062 | 64.2 | — |
| 2022 | 136,005 | 73,695 | 62,310 | 55.3 | 0% |
| 2023 | 160,657 | 100,993 | 59,664 | 47.4 | 0% |
In its most recent public year (2023), this organization brought in $59,664 more than it spent. Its reserves stood at about 47.4 months of spending, up from 14.4 in 2017. Staff pay was 0% 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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