Lifesong Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 373,789 | 366,130 | 7,659 | 91.3 | 52% |
| 2013 | 287,499 | 295,995 | −8,496 | -494.0 | 31% |
| 2014 | 324,450 | 376,388 | −51,938 | 69.6 | 30% |
| 2015 | 133,923 | 344,060 | −210,137 | 68.5 | 7% |
| 2019 | 171,263 | 278,705 | −107,442 | 42.4 | 37% |
| 2020 | 206,073 | 252,026 | −45,953 | 44.7 | 45% |
| 2021 | 249,438 | 269,775 | −20,337 | 40.5 | 42% |
| 2022 | 381,757 | 266,346 | 115,411 | 47.9 | 39% |
| 2023 | 452,846 | 284,302 | 168,544 | 51.8 | 37% |
In its most recent public year (2023), this organization brought in $168,544 more than it spent. Its reserves stood at about 51.8 months of spending, down from 91.3 in 2012. Staff pay was 37% 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
Lifesong Ministries'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