Living Faith Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 2,003,657 | 1,865,135 | 138,522 | 16.7 | 30% |
| 2009 | 1,926,215 | 2,344,083 | −417,868 | 11.1 | 23% |
| 2010 | 2,026,985 | 2,557,114 | −530,129 | 7.7 | 22% |
| 2011 | 2,235,627 | 1,875,007 | 360,620 | 12.8 | 31% |
| 2012 | 2,184,354 | 1,886,572 | 297,782 | 14.6 | 31% |
| 2013 | 1,655,676 | 1,816,331 | −160,655 | 14.1 | 33% |
| 2014 | 1,749,316 | 1,747,847 | 1,469 | 14.7 | 34% |
| 2015 | 1,487,635 | 1,665,160 | −177,525 | 14.2 | 36% |
| 2016 | 3,799,321 | 1,710,502 | 2,088,819 | 28.4 | 34% |
| 2017 | 8,771,002 | 1,660,964 | 7,110,038 | 80.7 | 38% |
| 2018 | 2,159,213 | 1,494,694 | 664,519 | 95.0 | 37% |
| 2019 | 4,252,694 | 2,264,730 | 1,987,964 | 73.2 | 26% |
| 2020 | 2,998,597 | 1,933,529 | 1,065,068 | 92.4 | 28% |
| 2021 | 1,965,023 | 2,020,268 | −55,245 | 88.1 | 29% |
| 2022 | 1,995,667 | 2,084,554 | −88,887 | 84.8 | 29% |
| 2023 | 1,885,437 | 2,025,992 | −140,555 | 86.5 | 30% |
In its most recent public year (2023), this organization spent $140,555 more than it brought in. Its reserves stood at about 86.5 months of spending, up from 16.7 in 2008. Staff pay was 30% 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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