Lighthouse Foundation Of Corinth
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 601,801 | 591,061 | 10,740 | 3.4 | 40% |
| 2012 | 523,467 | 556,343 | −32,876 | 2.9 | 43% |
| 2013 | 626,046 | 564,916 | 61,130 | 4.2 | 37% |
| 2014 | 594,787 | 616,862 | −22,075 | 3.2 | 13% |
| 2015 | 646,507 | 671,025 | −24,518 | 2.5 | 12% |
| 2016 | 695,132 | 629,315 | 65,817 | 3.9 | 13% |
| 2017 | 744,867 | 720,644 | 24,223 | 3.8 | 24% |
| 2018 | 668,060 | 644,226 | 23,834 | 4.7 | 26% |
| 2019 | 712,862 | 727,313 | −14,451 | 4.0 | 24% |
| 2020 | 712,418 | 637,244 | 75,174 | 5.9 | 25% |
| 2021 | 727,744 | 670,613 | 57,131 | 6.7 | 27% |
| 2022 | 696,976 | 706,003 | −9,027 | 6.2 | 27% |
| 2023 | 896,393 | 747,363 | 149,030 | 8.2 | 28% |
In its most recent public year (2023), this organization brought in $149,030 more than it spent. Its reserves stood at about 8.2 months of spending, up from 3.4 in 2011. Staff pay was 28% 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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