Life Radio Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 753,642 | 725,834 | 27,808 | 8.3 | 60% |
| 2021 | 858,658 | 706,142 | 152,516 | 11.2 | 46% |
| 2022 | 689,673 | 678,229 | 11,444 | 11.7 | 45% |
| 2023 | 684,653 | 734,789 | −50,136 | 10.0 | 47% |
In its most recent public year (2023), this organization spent $50,136 more than it brought in. Its reserves stood at about 10 months of spending, up from 8.3 in 2020. Staff pay was 47% 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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