Lifesource Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 81,885 | 65,595 | 16,290 | 6.4 | — |
| 2012 | 69,858 | 60,014 | 9,844 | 9.0 | — |
| 2013 | 65,844 | 76,057 | −10,213 | 5.5 | — |
| 2014 | 81,482 | 89,566 | −8,084 | 3.6 | — |
| 2015 | 111,523 | 87,230 | 24,293 | 7.0 | — |
| 2016 | 127,542 | 84,326 | 43,216 | 13.4 | — |
| 2017 | 109,668 | 107,391 | 2,277 | 10.8 | — |
| 2018 | 132,825 | 106,252 | 26,573 | 13.9 | — |
| 2019 | 184,816 | 159,613 | 25,203 | 11.1 | 40% |
| 2020 | 157,459 | 119,621 | 37,838 | 18.7 | — |
| 2021 | 195,345 | 126,015 | 69,330 | 24.3 | 50% |
| 2022 | 170,424 | 134,806 | 35,618 | 25.9 | — |
| 2023 | 189,821 | 179,132 | 10,689 | 20.2 | 42% |
In its most recent public year (2023), this organization brought in $10,689 more than it spent. Its reserves stood at about 20.2 months of spending, up from 6.4 in 2011. Staff pay was 42% 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
Lifesource 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