Life Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 321,408 | 334,387 | −12,979 | 0.2 | 63% |
| 2016 | 260,580 | 243,950 | 16,630 | 1.5 | 14% |
| 2017 | 653,906 | 531,976 | 121,930 | 3.5 | 63% |
| 2018 | 865,256 | 702,231 | 163,025 | 5.4 | 65% |
| 2019 | 1,087,355 | 1,018,816 | 68,539 | 3.7 | 59% |
| 2020 | 1,094,130 | 897,369 | 196,761 | 5.6 | 69% |
| 2021 | 1,271,275 | 1,093,234 | 178,041 | 6.6 | 68% |
| 2022 | 1,949,841 | 1,370,653 | 579,188 | 10.3 | 70% |
| 2023 | 1,828,438 | 1,655,563 | 172,875 | 9.8 | 64% |
In its most recent public year (2023), this organization brought in $172,875 more than it spent. Its reserves stood at about 9.8 months of spending, up from 0.2 in 2015. Staff pay was 64% 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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