Levant Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 342,566 | 313,739 | 28,827 | 6.0 | 24% |
| 2021 | 550,825 | 456,223 | 94,602 | 6.8 | 15% |
| 2022 | 1,049,116 | 573,393 | 475,723 | 15.3 | 14% |
| 2023 | 746,757 | 652,493 | 94,264 | 15.2 | 15% |
In its most recent public year (2023), this organization brought in $94,264 more than it spent. Its reserves stood at about 15.2 months of spending, up from 6 in 2020. Staff pay was 15% of spending. $156,050 of its net assets are donor-restricted.
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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