Love Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 101,834 | 98,992 | 2,842 | 1.1 | — |
| 2012 | 75,288 | 89,110 | −13,822 | -0.7 | — |
| 2013 | 66,099 | 63,767 | 2,332 | -0.5 | — |
| 2014 | 58,585 | 54,706 | 3,879 | 0.2 | — |
| 2015 | 62,257 | 54,798 | 7,459 | 1.9 | — |
| 2016 | 125,403 | 80,898 | 44,505 | 7.9 | — |
| 2017 | 115,240 | 88,273 | 26,967 | 6.1 | — |
| 2018 | 87,882 | 95,615 | −7,733 | 4.7 | — |
| 2019 | 88,844 | 92,354 | −3,510 | 4.4 | — |
| 2020 | 156,770 | 157,090 | −320 | 3.2 | — |
| 2021 | 125,600 | 125,985 | −385 | 2.3 | — |
| 2022 | 119,606 | 122,417 | −2,811 | 1.6 | — |
In its most recent public year (2022), this organization spent $2,811 more than it brought in. Its reserves stood at about 1.6 months 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 2022. 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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