Life Connection Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 121,315 | 123,009 | −1,694 | 3.1 | — |
| 2012 | 126,254 | 114,315 | 11,939 | 4.6 | — |
| 2013 | 144,280 | 135,684 | 8,596 | 4.6 | — |
| 2014 | 108,221 | 94,662 | 13,559 | 8.4 | — |
| 2015 | 110,465 | 113,639 | −3,174 | 6.6 | — |
| 2016 | 113,125 | 89,666 | 23,459 | 11.6 | — |
| 2017 | 118,088 | 130,917 | −12,829 | 6.7 | — |
| 2018 | 83,622 | 95,925 | −12,303 | 7.7 | — |
| 2019 | 114,915 | 134,056 | −19,141 | 3.8 | — |
| 2020 | 95,387 | 51,531 | 43,856 | 20.0 | — |
| 2021 | 105,984 | 127,616 | −21,632 | 6.0 | — |
| 2022 | 85,003 | 87,630 | −2,627 | 8.4 | — |
| 2023 | 126,174 | 124,256 | 1,918 | 6.1 | — |
In its most recent public year (2023), this organization brought in $1,918 more than it spent. Its reserves stood at about 6.1 months of spending, up from 3.1 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 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
Life Connection Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works