Lighthouse Gospel Mission Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,064,424 | 5,979,242 | 85,182 | 1.6 | 5% |
| 2021 | 6,409,452 | 6,280,376 | 129,076 | 1.8 | 4% |
| 2022 | 3,415,948 | 3,394,660 | 21,288 | 3.4 | 10% |
| 2023 | 2,480,890 | 2,524,838 | −43,948 | 4.4 | 17% |
In its most recent public year (2023), this organization spent $43,948 more than it brought in. Its reserves stood at about 4.4 months of spending, up from 1.6 in 2020. Staff pay was 17% 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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