Lake Christian Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 258,217 | 269,567 | −11,350 | 8.6 | 0% |
| 2012 | 285,700 | 257,273 | 28,427 | 18.9 | 0% |
| 2013 | 316,645 | 299,559 | 17,086 | 16.9 | 0% |
| 2014 | 383,681 | 290,466 | 93,215 | 21.3 | 0% |
| 2015 | 346,607 | 331,011 | 15,596 | 19.2 | 0% |
| 2016 | 301,215 | 301,656 | −441 | 21.1 | 0% |
| 2017 | 333,592 | 304,369 | 29,223 | 22.1 | 0% |
| 2018 | 366,635 | 312,132 | 54,503 | 23.5 | 15% |
| 2019 | 465,993 | 395,202 | 70,791 | 20.9 | 21% |
| 2020 | 756,381 | 459,747 | 296,634 | 25.8 | 21% |
| 2021 | 722,351 | 576,373 | 145,978 | 23.7 | 19% |
| 2022 | 1,228,679 | 624,110 | 604,569 | 33.3 | 20% |
| 2023 | 851,979 | 659,384 | 192,595 | 35.1 | 20% |
In its most recent public year (2023), this organization brought in $192,595 more than it spent. Its reserves stood at about 35.1 months of spending, up from 8.6 in 2011. Staff pay was 20% of spending. $684,617 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
Lake Christian Ministries Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works