Lifesong For Orphans Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,075,403 | 5,587,380 | 1,488,023 | 11.8 | 12% |
| 2012 | 9,436,384 | 7,023,420 | 2,412,964 | 13.5 | 13% |
| 2013 | 12,137,427 | 10,182,793 | 1,954,634 | 11.6 | 14% |
| 2014 | 12,741,530 | 10,679,771 | 2,061,759 | 13.4 | 16% |
| 2015 | 14,993,491 | 12,717,895 | 2,275,596 | 13.4 | 19% |
| 2016 | 16,518,343 | 14,525,105 | 1,993,238 | 13.4 | 20% |
| 2017 | 19,571,234 | 16,275,470 | 3,295,764 | 14.4 | 21% |
| 2018 | 21,625,677 | 18,493,823 | 3,131,854 | 14.8 | 22% |
| 2019 | 22,043,589 | 18,884,294 | 3,159,295 | 16.5 | 23% |
| 2020 | 25,872,911 | 19,555,105 | 6,317,806 | 19.9 | 23% |
| 2021 | 28,888,250 | 19,635,198 | 9,253,052 | 25.6 | 25% |
| 2022 | 40,755,637 | 27,054,489 | 13,701,148 | 24.2 | 16% |
| 2023 | 39,806,626 | 32,143,911 | 7,662,715 | 23.2 | 11% |
In its most recent public year (2023), this organization brought in $7,662,715 more than it spent. Its reserves stood at about 23.2 months of spending, up from 11.8 in 2011. Staff pay was 11% of spending. $29,284,985 of its net assets are donor-restricted.
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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