Love In The Name Of Christ Of West Mackinac County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 67,079 | 27,978 | 39,101 | 81.1 | — |
| 2016 | 57,725 | 49,478 | 8,247 | 47.9 | — |
| 2017 | 57,094 | 40,359 | 16,735 | 24.3 | — |
| 2018 | 86,751 | 63,229 | 23,522 | 19.9 | — |
| 2019 | 64,671 | 59,829 | 4,842 | 22.0 | — |
| 2020 | 72,128 | 51,633 | 20,495 | 30.2 | — |
| 2021 | 77,330 | 57,271 | 20,059 | 31.4 | — |
| 2022 | 52,387 | 58,212 | −5,825 | 29.7 | — |
| 2023 | 60,168 | 58,904 | 1,264 | 29.6 | — |
In its most recent public year (2023), this organization brought in $1,264 more than it spent. Its reserves stood at about 29.6 months of spending, down from 81.1 in 2015.
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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