Living Water Chapel Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 22,121 | 20,573 | 1,548 | 10.0 | 0% |
| 2019 | 43,619 | 21,269 | 22,350 | 22.3 | — |
| 2020 | 43,982 | 19,300 | 24,682 | 39.9 | — |
| 2021 | 45,002 | 19,191 | 25,811 | 56.3 | — |
| 2022 | 57,773 | 16,477 | 41,296 | 95.6 | — |
| 2023 | 16,756 | 17,226 | −470 | 91.1 | — |
In its most recent public year (2023), this organization spent $470 more than it brought in. Its reserves stood at about 91.1 months of spending, up from 10 in 2018.
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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