Life Of Freedom Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 57,045 | 55,910 | 1,135 | 1.7 | — |
| 2012 | 58,194 | 59,005 | −811 | 1.4 | — |
| 2013 | 56,898 | 52,645 | 4,253 | 2.6 | — |
| 2014 | 56,740 | 57,158 | −418 | 2.2 | — |
| 2015 | 56,874 | 58,551 | −1,677 | 1.9 | — |
| 2016 | 58,067 | 55,867 | 2,200 | 2.4 | — |
| 2017 | 58,849 | 56,085 | 2,764 | 3.0 | — |
| 2018 | 51,760 | 55,343 | −3,583 | 2.3 | — |
| 2019 | 58,969 | 54,365 | 4,604 | 3.3 | — |
| 2020 | 56,303 | 59,086 | −2,783 | 2.4 | — |
| 2021 | 66,113 | 62,171 | 3,942 | 3.9 | — |
| 2022 | 61,118 | 59,725 | 1,393 | 4.3 | — |
| 2023 | 63,045 | 64,276 | −1,231 | 3.5 | — |
In its most recent public year (2023), this organization spent $1,231 more than it brought in. Its reserves stood at about 3.5 months of spending, up from 1.7 in 2011.
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
Life Of Freedom 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