Lott Carey Baptist Foreign Mission Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 2,486,765 | 2,134,188 | 352,577 | 11.4 | 22% |
| 2023 | 2,632,130 | 2,375,517 | 256,613 | 12.2 | 17% |
In its most recent public year (2023), this organization brought in $256,613 more than it spent. Its reserves stood at about 12.2 months of spending. Staff pay was 17% of spending. $659,509 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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