Higher Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 61,404 | 61,829 | −425 | 1.1 | — |
| 2012 | 58,940 | 60,433 | −1,493 | 0.8 | — |
| 2013 | 84,111 | 78,575 | 5,536 | 1.5 | — |
| 2014 | 44,725 | 52,073 | −7,348 | 0.5 | — |
| 2015 | 92,821 | 83,479 | 9,342 | 1.7 | — |
| 2016 | 67,130 | 69,861 | −2,731 | 1.5 | — |
| 2017 | 101,451 | 99,863 | 1,588 | 1.3 | — |
| 2018 | 89,173 | 81,292 | 7,881 | 2.7 | — |
| 2019 | 113,815 | 115,453 | −1,638 | 1.7 | — |
| 2020 | 97,831 | 93,777 | 4,054 | 2.7 | — |
| 2021 | 113,035 | 98,758 | 14,277 | 4.3 | — |
| 2022 | 86,756 | 95,061 | −8,305 | 3.4 | — |
| 2023 | 105,485 | 120,587 | −15,102 | 1.2 | — |
In its most recent public year (2023), this organization spent $15,102 more than it brought in. Its reserves stood at about 1.2 months 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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