Luke 923 Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 56,458 | 60,060 | −3,602 | 7.1 | — |
| 2021 | 55,007 | 58,252 | −3,245 | 6.7 | — |
| 2022 | 34,659 | 44,395 | −9,736 | 6.1 | — |
| 2023 | 41,501 | 44,511 | −3,010 | 5.3 | — |
In its most recent public year (2023), this organization spent $3,010 more than it brought in. Its reserves stood at about 5.3 months of spending, down from 7.1 in 2020.
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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