Life Assurance Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 248,568 | 250,950 | −2,382 | 1.1 | 0% |
| 2012 | 222,252 | 219,422 | 2,830 | 1.4 | 0% |
| 2013 | 236,100 | 217,394 | 18,706 | 2.5 | 0% |
| 2014 | 229,983 | 218,400 | 11,583 | 3.1 | 0% |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 317,435 | 314,326 | 3,109 | 2.2 | 0% |
| 2017 | 205,902 | 209,063 | −3,161 | 3.1 | 0% |
| 2018 | 209,682 | 216,044 | −6,362 | 2.6 | 0% |
| 2019 | 174,348 | 150,277 | 24,071 | 5.7 | 0% |
| 2020 | 227,740 | 150,968 | 76,772 | 11.8 | 0% |
| 2021 | 193,698 | 148,964 | 44,734 | 15.5 | 0% |
| 2022 | 171,028 | 155,537 | 15,491 | 16.1 | 0% |
| 2023 | 209,636 | 187,103 | 22,533 | 14.8 | 0% |
In its most recent public year (2023), this organization brought in $22,533 more than it spent. Its reserves stood at about 14.8 months of spending, up from 1.1 in 2011. Staff pay was 0% 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
Life Assurance 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