Life Choices Of Memphis Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 774,758 | 741,106 | 33,652 | 12.1 | 40% |
| 2012 | 868,453 | 778,523 | 89,930 | 12.9 | 44% |
| 2013 | 990,543 | 807,964 | 182,579 | 15.2 | 49% |
| 2014 | 854,702 | 960,308 | −105,606 | 11.4 | 52% |
| 2015 | 1,133,107 | 1,016,275 | 116,832 | 12.2 | 52% |
| 2016 | 1,588,751 | 986,315 | 602,436 | 19.9 | 57% |
| 2017 | 1,053,951 | 1,061,899 | −7,948 | 18.4 | 56% |
| 2018 | 981,451 | 1,144,071 | −162,620 | 15.4 | 55% |
| 2019 | 1,153,563 | 1,336,091 | −182,528 | 11.5 | 57% |
| 2020 | 1,388,140 | 1,450,047 | −61,907 | 10.1 | 58% |
| 2021 | 1,734,403 | 1,482,743 | 251,660 | 11.9 | 58% |
| 2022 | 1,701,279 | 1,526,635 | 174,644 | 12.9 | 58% |
| 2023 | 1,949,242 | 1,781,125 | 168,117 | 12.2 | 57% |
In its most recent public year (2023), this organization brought in $168,117 more than it spent. Its reserves stood at about 12.2 months of spending. Staff pay was 57% of spending. $250,999 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
Life Choices Of Memphis 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