Life Raft International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 57,545 | 38,606 | 18,939 | 9.3 | — |
| 2015 | 158,422 | 113,591 | 44,831 | 7.9 | — |
| 2016 | 244,333 | 226,761 | 17,572 | 4.9 | 36% |
| 2017 | 389,640 | 339,542 | 50,098 | 5.1 | 24% |
| 2018 | 351,462 | 417,312 | −65,850 | 2.2 | 21% |
| 2019 | 482,652 | 440,201 | 42,451 | 3.3 | 19% |
| 2020 | 366,858 | 398,296 | −31,438 | 2.6 | 30% |
| 2021 | 386,143 | 399,937 | −13,794 | 2.2 | 31% |
| 2022 | 318,444 | 339,443 | −20,999 | 1.8 | 31% |
| 2023 | 232,254 | 237,245 | −4,991 | 2.4 | 27% |
In its most recent public year (2023), this organization spent $4,991 more than it brought in. Its reserves stood at about 2.4 months of spending, down from 9.3 in 2014. Staff pay was 27% 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
Life Raft International 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