Lasting Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 415,502 | 381,519 | 33,983 | 23.2 | 50% |
| 2012 | 458,652 | 412,438 | 46,214 | 22.8 | 54% |
| 2013 | 484,250 | 491,605 | −7,355 | 18.9 | 47% |
| 2014 | 475,247 | 487,590 | −12,343 | 18.8 | 41% |
| 2015 | 707,745 | 367,593 | 340,152 | 36.0 | 50% |
| 2016 | 838,526 | 351,897 | 486,629 | 54.2 | 58% |
| 2017 | 368,006 | 355,970 | 12,036 | 54.0 | 62% |
| 2018 | 801,057 | 392,587 | 408,470 | 61.5 | 58% |
| 2019 | 379,870 | 504,237 | −124,367 | 44.9 | 48% |
| 2020 | 399,867 | 385,003 | 14,864 | 59.3 | 63% |
| 2021 | 404,445 | 431,353 | −26,908 | 52.2 | 59% |
| 2022 | 355,595 | 441,762 | −86,167 | 48.6 | 64% |
| 2023 | 452,968 | 493,906 | −40,938 | 42.5 | 59% |
In its most recent public year (2023), this organization spent $40,938 more than it brought in. Its reserves stood at about 42.5 months of spending, up from 23.2 in 2011. Staff pay was 59% 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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