K-Life Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,018,205 | 6,937,843 | 80,362 | 8.3 | 58% |
| 2012 | 7,036,550 | 6,850,886 | 185,664 | 8.6 | 57% |
| 2013 | 7,713,868 | 7,817,480 | −103,612 | 7.4 | 48% |
| 2014 | 7,498,569 | 7,469,346 | 29,223 | 7.8 | 47% |
| 2015 | 7,829,900 | 7,468,372 | 361,528 | 8.4 | 53% |
| 2016 | 7,753,738 | 8,006,664 | −252,926 | 8.0 | 54% |
| 2017 | 7,600,831 | 7,245,031 | 355,800 | 9.6 | 33% |
| 2018 | 7,258,829 | 6,442,282 | 816,547 | 11.8 | 32% |
| 2020 | 7,176,448 | 6,264,786 | 911,662 | 15.6 | 29% |
| 2021 | 7,420,535 | 6,485,227 | 935,308 | 15.4 | 29% |
| 2022 | 8,760,788 | 7,216,303 | 1,544,485 | 13.8 | 34% |
| 2023 | 7,621,652 | 8,315,686 | −694,034 | 8.6 | 31% |
In its most recent public year (2023), this organization spent $694,034 more than it brought in. Its reserves stood at about 8.6 months of spending. Staff pay was 31% 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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