Light Of Life Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 41,710 | 40,828 | 882 | 24.3 | — |
| 2021 | 52,794 | 33,517 | 19,277 | 35.4 | — |
| 2023 | 55,184 | 40,571 | 14,613 | 61.3 | — |
In its most recent public year (2023), this organization brought in $14,613 more than it spent. Its reserves stood at about 61.3 months of spending, up from 24.3 in 2020.
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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