Lifehouse Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,340 | 16,693 | 19,647 | 23.7 | 42% |
| 2018 | 303,077 | 82,908 | 220,169 | 54.1 | 0% |
| 2019 | 43,024 | 72,436 | −29,412 | 57.0 | — |
| 2020 | 63,936 | 48,659 | 15,277 | 88.7 | — |
In its most recent public year (2020), this organization brought in $15,277 more than it spent. Its reserves stood at about 88.7 months of spending, up from 23.7 in 2011.
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 2020. 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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